Oklahoma HB1986 authorizes a 2% cost-of-living increase for retirees in multiple state pension systems.
Oklahoma HB1986 provides a 2% increase in benefits for retirees from 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. This increase applies to those who were receiving benefits as of June 30, 2025, and continue to receive benefits after July 1, 2025. The bill also includes provisions for codification and specifies an effective date.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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