RBH No. 10259 Req. No. 10259 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 2nd Session of the 58th Legislature (2022) HOUSE BILL 4120 By: Frix AS INTRODUCED An Act relating to public retirement systems; enacting the Oklahoma Pension Systems Cost -of-Living Adjustment Study Act of 2022; 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 2020". SECTION 2. This act shall become effective November 1, 2022. 58-2-10259 MAH 01/20/22 THOMAS E. CUMMINS CONSULTING ACTUARY, INC . 2512 E. 71 st Street , Suite D ∙ Tulsa, Oklahoma 74136 (918) 492-9658 ∙ (918) 492- 9659 January 20, 2022 Representative Frix Room 405.1 Re: RBH No. 10259 RBH No. 10259 is a shell bill. This bill is a non fiscal bill under OPLA AA. 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