RBH No. 6219 Req. No. 6219 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 59th Legislature (2023) HOUSE BILL 1277 By: McCall AS INTRODUCED An Act relating to public retirement systems; enacting the Oklahoma Public Emplo yee Retirement Benefit Adjustment Act; providing for noncodification; and providing an effective date. BE IT ENACTED BY THE PEOPLE OF T HE 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 Public Employee Retirement Benefit Adjustment Act." SECTION 2. This act shall become effective November 1, 2023. 59-1-6219 MAH 01/13/23 THOMAS E. CUMMINS CONSULTING ACTUARY, INC. 2512 E. 71 st Street , Suite D ∙ Tulsa, Oklahoma 74136 (918) 492-9658 ∙ (918) 492- 9659 January16, 2023 Representative Charles McCall Room 401 Re: RBH No. 6219 RBH No. 6219 is a shell bill. RBH No. 6219 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