RBH No. 6280 Req. No. 6280 Page 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 STATE OF OKLAHOMA 1st Session of the 58th Legislature (2021) HOUSE BILL 2208 By: Wolfley AS INTRODUCED An Act relating to public retirement systems; enacting the Teachers ' Retirement System Benefit Design Analysis Act of 2021; providing fo r noncodification; and providing an effective date. BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. NEW LAW A new section of law not to be codified in the Oklahoma Statutes reads as follows: This act shall be known and may be cited as the "Teachers' Retirement System Benefit Design Analysis Act of 2021 ". SECTION 2. This act shall become effective November 1, 2021. 58-1-6280 MAH 01/04/21 THOMAS E. CUMMINS CONSULTING ACTUARY, INC. 2512 E. 71 st Street , Suite D ∙ Tulsa, Oklahoma 74136 (918) 492-9658 ∙ (918) 492- 9659 January 14, 2021 Representative Max Wolfley Room 543.2 Re: RBH No. 6280 RBH No. 6280 is shell bill dealing Oklahoma Teachers Retirement System. RBH No. 6280 is a nonfiscal bill as defined by OPLAAA. I am a member of the American Academy of Actuaries and meet the Qualification Standards of the American Academy of Actuaries to render the actuarial opinion herein. Thomas E. Cummins Thomas E. Cummins, MAAA