Oklahoma HB1274 modifies postretirement employment rules for retired teachers, allowing certain earnings without losing benefits.
Oklahoma HB1274 amends the Teachers' Retirement System of Oklahoma to allow certain retired teachers to return to work without losing retirement benefits. Specifically, teachers who have been retired for at least one year and have not been employed by any public school during that period can return to work as active classroom teachers with no earnings limitations. Additionally, for a limited time, retired teachers can earn up to $50,000 annually while continuing to receive retirement benefits. These provisions are effective from the bill's enactment until December 31, 2028.
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