RBH No. 5970 Req. No. 5970 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 1402 By: Culver AS INTRODUCED An Act relating to retirement; enacting the Oklahoma Firefighters Pension and Retirement System Act o f 2023; providing for noncodificatio n; 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 m ay be cited as the "Oklahoma Firefighters Pension and Retirement System Act of 2023 ". SECTION 2. This act shall become effective November 1, 2023. 59-1-5970 CMA 12/20/22 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 Bob Culver Room 504.1 Re: RHB No. 5970 RBH No. 5970 is Firefighter Pension and Retirement System shell bill. RBH No. 5970 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