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STATE OF OKLAHOMA
1st Session of the 60th Legislature (2025)
SENATE BILL 12 By: Weaver
AS INTRODUCED
An Act relating to the Oklahoma Police Pension and
Retirement System; providing for benefits increase
subject to certain exception; and providing for
codification.
BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1. NEW LAW A new section of law to be codified
in the Oklahoma Statutes as Section 50 -136.10 of Title 11, unless
there is created a duplication in numbering, reads as follows:
A. Except as provided in subsect ion B of this section, any
person receiving benefits from the Oklahoma Police Pension and
Retirement System as of June 30, 2025, and who continues to receive
benefits on or after the effective date of this act, shall receive a
five percent (5%) increase in benefits.
B. For any member of the System who joined prior to January 1,
1981, who shall have his or her pension increased or decreased by
one-third (1/3) of any increase or dec rease to the base salary of a
regular police officer, any increase in benefit s a person is
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eligible to receive after July 1, 2020, shall be offset by the
increase in benefits, if any, provided by this section.
60-1-108 RD 12/6/2024 9:57:36 AM