Oklahoma 2024 Regular Session

Oklahoma House Bill HB3807

Introduced

2/5/24

Refer

2/6/24

Report Pass

2/27/24

Engrossed

3/13/24

Refer

3/19/24

Report Pass

4/9/24

Caption

Retirement; members; Oklahoma Law Enforcement Retirement System; contributions; definitions; term; codification; emergency.

Impact

The bill modifies existing laws to allow for participation in the system by new classes of employees, such as law enforcement support staff and game wardens, thereby expanding the pool of those eligible for retirement benefits under the system. This change is significant as it recognizes the evolving responsibilities within law enforcement and ensures that more individuals receive the pension benefits they may have previously been excluded from.

Summary

House Bill 3807 addresses the Oklahoma Law Enforcement Retirement System, with a focus on the contributions and eligibility of law enforcement personnel, including newly defined roles and the conditions under which members must operate. This legislation aims to update existing statutes to reflect current practices for retirement contributions and benefits for members of the system, ensuring they align with broader legislative trends.

Sentiment

The sentiment around HB 3807 appears largely positive among supporters of law enforcement and public safety advocates, who see it as a necessary adjustment to better support those serving in essential roles. There are, however, concerns regarding the sustainability of expanded benefits, particularly in relation to funding and management of the pension system, leading to a cautious reception among fiscal conservatives.

Contention

One notable point of contention arises from the financial implications of expanding retirement benefits and contributions. Critics may argue that increasing the number of eligible participants without a corresponding increase in funding or changes to the contribution structure could strain the system and risk its overall viability. The debate centers not only on the immediate benefits to newly included personnel but also on the long-term health of the retirement fund.

Companion Bills

No companion bills found.

Previously Filed As

OK HB2592

Retirement; Oklahoma Law Enforcement Retirement System; definition; Oklahoma Public Employees Retirement System; definition; members; retirement benefit; death; employee contributions; effective date.

OK HB2142

Public retirement systems; Oklahoma Law Enforcement Retirement System; membership; school district board; elections; service credit; effective date; emergency.

OK HB2167

Oklahoma Law Enforcement Retirement System; retirement pay; benefit calculations; members; effective date; emergency.

OK HB2171

Public retirement systems; Oklahoma Firefighters Pension and Retirement System; Oklahoma Police Pension and Retirement System; Uniform Retirement System for Justices and Judges; Oklahoma Law Enforcement Retirement System; Teachers' Retirement System of Oklahoma; Oklahoma Public Employees Retirement System; codification; effective date; emergency.

OK SB631

Law Enforcement Retirement System; reinstating annual retirement pay for certain members.

OK SB692

Oklahoma Public Employees Retirement System; providing for membership of emergency medical personnel.

OK HB1391

Public retirement systems; Oklahoma Pension Legislation Actuarial Analysis Act; definition; post-retirement employment; effective dates; emergency.

OK SB873

Oklahoma Law Enforcement Retirement System; transferring certain Department of Corrections Employees into System.

OK SB10

Oklahoma Law Enforcement Retirement System; authorizing rehire under certain circumstances; providing for members to continue receiving benefits during rehiring period; prohibiting accrual of further credited service.

OK HB1068

Retirement; Oklahoma Public Employees Retirement System; definition; eligibility; death benefits; employee contribution; reference; effective date.