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STATE OF OKLAHOMA
1st Session of the 60th Legislature (2025)
SENATE BILL 90 By: Frix
AS INTRODUCED
An Act relating to retirement; providing for benefits
increases for certain retirees; 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 49 -143.8 of Title 11, unless
there is created a duplication in numbering, reads as follows:
A. Except as provided in subsection B of this section, and
persons receiving ben efits pursuant to Section 49 -101 of Title 11 of
the Oklahoma Statutes, any member of the Oklahoma Firefighters
Pension and Retirement System receiving benefits from the System as
of June 30, 2025, who continues to receive benefits on or after the
effective date of this act shall receive a five percent (5%)
increase in benefits.
B. 1. For any member of the System who joined prior to January
1, 1981, who shall have his or her pensi on or the pension of his or
her surviving spouse increased or decreased by on e-half (1/2) of all
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increases or decreases which shall occur in the salary of a regular
firefighter in the municipality from which the member is receiving a
pension, any increase in benefits shall be used to offset the
increase provided in subsection A of this section.
2. For the purposes of this section, “regular firefighter”
means a salaried firefighter who has reached his or her maximum
salary as a private in his or her departm ent and has not been
promoted to a position of rank.
C. Effective July 1, 20 26, any persons receiving benefits
pursuant to Section 49 -101 of Title 11 of the Oklahoma Statutes
shall receive an increase of five percent (5%) of the amount
prescribed in Section 49-143.7 of Title 11 of the Oklahoma Statutes.
SECTION 2. 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 subsection 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 recei ve 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 decrease to the base salary of a
regular police officer, any increase in benefits a person is
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eligible to receive after Jul y 1, 2020, shall be offset by the
increase in benefits, if any, provided by this section.
SECTION 3. NEW LAW A new section of law to be codified
in the Oklahoma Statutes as Section 1104L of Title 20, unless there
is created a duplication in numbering, reads as follows:
Any person receiving benefits from the Uniform Retirement System
for Justices and Judges as of June 30, 2025, who continues to
receive benefits on or after the effective date of this act shall
receive a five percent (5 %) increase in benefits.
SECTION 4. NEW LAW A new section of law to be codified
in the Oklahoma Statutes as Section 2 -305.13 of Title 47, unless
there is created a duplication in numbering, reads as follows:
A. Except as provided in subsection B of this section, any
person receiving benefits from the Oklahoma Law Enforcement
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%) increa se in benefits.
B. Any increase in benefits a person is eligible to receive
pursuant to subsection B, C, or D of Section 2 -305 of Title 47 of
the Oklahoma Statutes after the effe ctive date of this act shall be
offset by the increase in benefits provided by this section.
SECTION 5. NEW LAW A new section of law to be codified
in the Oklahoma Statutes as Section 17 -116.23 of Title 70, unless
there is created a duplication in numbering, reads as follows:
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Any person receiving benefits fr om the Teachers’ Retirement
System of Oklahoma as of June 30, 2025, who continues to receive
benefits on or after the effective date of this act shall receive a
five percent (5%) increase in benefits.
SECTION 6. NEW LAW A new section of law to be codified
in the Oklahoma Statutes as Section 930.12 of Title 74, unless there
is created a duplication in numbering, reads as follows:
Any person receiving benefits from the Oklahoma Public Employees
Retirement System as of June 30, 2025, wh o continues to receive
benefits on or after the effective date of this act shall receive a
five percent (5%) increase in benefits.
60-1-220 RD 12/20/2024 2:41:54 PM