HB1237

Public retirement systems; Oklahoma Firefighters Pension and Retirement System; Oklahoma Police Pension and Retirement System; Uniform Retirement System for Justices and Judges; Oklahoma Law Enforcement Retirement System; Teachers' Retirement System of Oklahoma; Oklahoma Public Employees Retirement System; death benefit amount; effective date.

Introduced·2/3/25
Int Text

Oklahoma HB1237 increases death benefits for retired participants of various state retirement systems.

Oklahoma HB1237 amends several Oklahoma Statutes to increase the death benefit for retired participants of various state retirement systems to $10,000 from $5,000. The affected systems include the Oklahoma Firefighters Pension and Retirement System, the Oklahoma Police Pension and Retirement System, the Uniform Retirement System for Justices and Judges, the Oklahoma Law Enforcement Retirement System, the Teachers' Retirement System of Oklahoma, and the Oklahoma Public Employees Retirement System.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
In committee
Next
Committee decision

Sponsors

0
2
RR
Democratic CaucusRepublican Caucus

History

Feb 19, 2025

House

Referred to Actuary pursuant to the Oklahoma Pension Legislation Actuarial Analysis Act

Feb 4, 2025

House

Second Reading referred to Government Oversight

Feb 4, 2025

House

Referred to Banking, Financial Services and Pensions