Oklahoma 2023 Regular Session

Oklahoma Senate Bill SB853 Compare Versions

Only one version of the bill is available at this time.
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5353 STATE OF OKLAHOMA
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5555 1st Session of the 59th Legislature (2023)
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5757 SENATE BILL 853 By: Dossett
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6363 AS INTRODUCED
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6565 An Act relating to the Teachers' Retirement System of
6666 Oklahoma; providing for recurring benefits increase;
6767 and providing for codification.
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7373 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
7474 SECTION 1. NEW LAW A new section of law to be codified
7575 in the Oklahoma Statutes as Section 17-116.23 of Title 70, unless
7676 there is created a duplication in numb ering, reads as follows:
7777 Beginning July 1, immediately following the effective date of
7878 this act, and every third year thereafter on July 1, members of the
7979 Teachers' Retirement System of Oklahoma who are retired and have
8080 received benefits for at least one (1) year prior to July 1 of that
8181 year shall receive a two percent (2%) benefits increase.
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8383 59-1-644 RD 1/19/2023 9:29:14 AM