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1 | 1 | RBH No. 11277 | |
2 | 2 | ||
3 | 3 | Req. No. 11277 Page 1 1 | |
4 | 4 | 2 | |
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27 | 27 | ||
28 | 28 | STATE OF OKLAHOMA | |
29 | 29 | ||
30 | 30 | 1st Session of the 60th Legislature (2025) | |
31 | 31 | ||
32 | 32 | HOUSE BILL 2206 By: Lay | |
33 | 33 | ||
34 | 34 | ||
35 | 35 | ||
36 | 36 | ||
37 | 37 | ||
38 | 38 | AS INTRODUCED | |
39 | 39 | ||
40 | 40 | An Act relating to retirement; enacting the | |
41 | 41 | Retirement Reform Act of 2025; providing for | |
42 | 42 | noncodification; and providing an effective date. | |
43 | 43 | ||
44 | 44 | ||
45 | 45 | ||
46 | 46 | ||
47 | 47 | ||
48 | 48 | ||
49 | 49 | ||
50 | 50 | BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: | |
51 | 51 | SECTION 1. NEW LAW A new section of law not to be | |
52 | 52 | codified in the Oklahoma Statutes reads as follows: | |
53 | 53 | This act shall be known and may be cited as the "Retirement | |
54 | 54 | Reform Act of 2025". | |
55 | 55 | SECTION 2. This act shall become effective November 1, 2025. | |
56 | 56 | ||
57 | 57 | 60-1-11277 CMA 01/13/25 | |
58 | 58 | ||
59 | 59 | THOMAS E. CUMMINS CONSULTING ACTUARY, INC. | |
60 | 60 | 2512 E. 71 | |
61 | 61 | st | |
62 | 62 | Street , Suite D ∙ Tulsa, Oklahoma 74136 | |
63 | 63 | (918) 492-9658 ∙ (918) 492- 9659 | |
64 | 64 | ||
65 | 65 | ||
66 | 66 | ||
67 | 67 | January 14, 2025 | |
68 | 68 | ||
69 | 69 | ||
70 | 70 | ||
71 | 71 | Representative Lay | |
72 | 72 | Room 260S | |
73 | 73 | ||
74 | 74 | ||
75 | 75 | Re: RBH No. 11277 | |
76 | 76 | ||
77 | 77 | RBH No. 11277 is a shell bill. | |
78 | 78 | ||
79 | 79 | RBH No. 11277 is a non fiscal bill as defined by OPLAAA. | |
80 | 80 | ||
81 | 81 | ||
82 | 82 | I am a member of the American Academy of Actuaries and meet th e | |
83 | 83 | Qualification Standards of the American Academy of Actuaries to | |
84 | 84 | render the actuarial opinion herein. | |
85 | 85 | ||
86 | 86 | ||
87 | 87 | Thomas E. Cummins | |
88 | 88 | ||
89 | 89 | Thomas E. Cummins, MAAA | |
90 | 90 | ||
91 | 91 |