HB2288

Allows retired teachers to return to work with earnings limitations.

Allows retired teachers to return to work with earnings limitations. For members aged 55 to 59.5, earnings are limited to the lesser of $30,000 or 50% of their final average earnings. For members aged 59.5 and above, there is no limitation until July 1, 2028. After July 1, 2028, for members under 62, earnings are limited to the lesser of $15,000 or 50% of their final average salary. The Board of Trustees of the Teachers' Retirement System of Oklahoma will implement these provisions.