RBH No. 10268 Req. No. 10268 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 60th Legislature (2025) HOUSE BILL 1553 By: Patzkowsky AS INTRODUCED An Act relating to retirement; enacting the Retirement Reform Act of 2025; 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 2025". SECTION 2. This act shall become effec tive November 1, 2025. 60-1-10268 CMA 12/30/24 THOMAS E. CUMMINS CONSULTING ACTUARY, INC. 2512 E. 71 st Street , Suite D ∙ Tulsa, Oklahoma 74136 (918) 492-9658 ∙ (918) 492- 9659 January 2, 2025 Representative Patzkowsky Room 335N Re: RBH No. 10268 RBH No. 10268 is a shell bill. RBH No. 10268 is a non fiscal bill a s defined by OPLAAA. I am a member of the American Academy of Actuari es and meet the Qualification Standards of the American Academy of Actuaries to render the actuarial opinion herein. Thomas E. Cummins Thomas E. Cummins, MAAA