RBH No. 6783
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STATE OF OKLAHOMA
1st Session of the 58th Legislature (2021)
HOUSE BILL 2483 By: Frix
AS INTRODUCED
An Act relating to public retirement systems;
enacting the Oklahoma Pension Systems Cost -of-Living
Adjustment Study Act of 2021; providing for
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 "Oklahoma
Pension Systems Cost -of-Living Adjustment Study Act of 2021".
SECTION 2. This act shall become effective November 1, 2021.
58-1-6783 MAH 12/28/20
THOMAS E. CUMMINS CONSULTING ACTUARY, INC.
2512 E. 71
st
Street , Suite D ∙ Tulsa, Oklahoma 74136 (918) 492-9658 ∙ (918) 492- 9659
December 29, 2020
Representative Avery Frix
Room 441
Re: RBH No.6783
RBH No. 6783 is a COLA shell bill.
RBH No. 6783 is a non fiscal 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