Providing for 2024 special ad hoc municipal police and firefighter postretirement adjustment; in financing of special ad hoc adjustment, further providing for reimbursement by Commonwealth for 2002 special ad hoc adjustment; and, in administrative provisions, further providing for municipal retirement system certification of adjustments paid and of reimbursable amounts and for municipal receipt of reimbursement payment.
Providing for 2026 special ad hoc municipal police and firefighter postretirement adjustment; in financing of special ad hoc adjustment, further providing for reimbursement by Commonwealth for 2002 special ad hoc adjustment; and, in administrative provisions, further providing for municipal retirement system certification of adjustments paid and of reimbursable amounts and for municipal receipt of reimbursement payment.
Providing for 2026 special ad hoc municipal police and firefighter postretirement adjustment; in financing of special ad hoc adjustment, providing for reimbursement by Commonwealth for 2026 special ad hoc adjustment; in administrative provisions, further providing for municipal retirement system certification of adjustments paid and of reimbursable amounts and for municipal receipt of reimbursement payment; and making an editorial change.
State Patrol retirement plan and public employees police and fire retirement plan modifications
State Patrol retirement plan and public employees police and fire retirement plan provisions modified; employee contribution rates reduced; postretirement adjustments increased; vesting and return to work requirements modified, employer contribution rate decreased, and supplemental employer contribution added; and direct state aids increased and added.
Public retirement systems; Oklahoma Pension Legislation Actuarial Analysis Act; Teachers’ Retirement System; post-retirement earnings limitation; minimum salary schedule; effective dates.