RBH No. 5346 Req. No. 5346 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 1553 By: Moore AS INTRODUCED An Act relating to retirement; enacting the Retirement Reform Act of 2023; 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 "Retirement Reform Act of 2023". SECTION 2. This act shall become effective November 1, 2023. 59-1-5346 CMA 12/28/22 THOMAS E. CUMMINS CONSULTING ACTUARY, INC. 2512 E. 71 st Street , Suite D ∙ Tulsa, Oklahoma 74136 (918) 492-9658 ∙ (918) 492- 9659 December 29, 2022 Representative Anthony Moore Room 260.1 Re: RHB No. 5346 RBH No. 5346 is a shell bill. RBH No. 5346 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