HB1245

Retirement; Oklahoma Public Employees Retirement System; term; retirement benefit computation; monthly pension; employee contributions; effective date.

Chamber Passed·3/25/26

Oklahoma HB1245 amends retirement benefits for certain public employees, including correctional officers, probation and parole officers, and law.

Oklahoma HB1245 modifies retirement benefits for specific public employees, including correctional officers, probation and parole officers, and law enforcement agents. It establishes different retirement benefit percentages and maximum compensation levels based on the date of employment and type of service. The bill also outlines provisions for disability benefits, survivor benefits, and the calculation of final average compensation.

Included in complete analysis

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

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Where it stands

Last
Passed the House · 78–19 · Mar 25
Current
Rules Committee
Next
Senate floor vote

Sponsors

0
2
RR
Democratic CaucusRepublican Caucus

Roll Call Votes

78 Yea

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19 Nay

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2 Absent

RR

Calendar

Mar 3

10:30 AM

House Government Oversight Hearing

Feb 17

3:00 PM

House Banking, Financial Services and Pensions Hearing

History

Apr 1

Senate

Second Reading referred to Rules

Mar 25

House

Engrossed, signed, to Senate

Mar 25

Senate

First Reading