RBH No. 11277 Req. No. 11277 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 2206 By: Lay 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 effective November 1, 2025. 60-1-11277 CMA 01/13/25 THOMAS E. CUMMINS CONSULTING ACTUARY, INC. 2512 E. 71 st Street , Suite D ∙ Tulsa, Oklahoma 74136 (918) 492-9658 ∙ (918) 492- 9659 January 14, 2025 Representative Lay Room 260S Re: RBH No. 11277 RBH No. 11277 is a shell bill. RBH No. 11277 is a non fiscal bill as defined by OPLAAA. I am a member of the American Academy of Actuaries and meet th e Qualification Standards of the American Academy of Actuaries to render the actuarial opinion herein. Thomas E. Cummins Thomas E. Cummins, MAAA