Oklahoma HB1879 amends the Oklahoma Public Employees Retirement System, affecting retirement benefits and contributions for state employees and.
Oklahoma HB1879 amends the Oklahoma Public Employees Retirement System, impacting retirement benefits and contributions for state employees and elected officials. The bill modifies the retirement benefit computation factors and contribution rates for elected officials first elected or appointed on or after November 1, 2011. It also mandates that members maintain a defined contribution plan account and cease making contributions to their account as of November 1, 2025.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.