Oklahoma HB2288 modifies earnings limits for retired teachers returning to work in public schools.

Oklahoma HB2288 amends the Teachers' Retirement System to adjust earnings limitations for retired teachers returning to work in public schools. For teachers aged 55 to 59.5, earnings are limited to the lesser of $30,000 or 50% of their final average earnings. For those aged 59.5 and older, there are no earnings limits until July 1, 2028. After that date, earnings are limited to the lesser of $15,000 or 50% of their final average salary, unless the Social Security Administration allows higher earnings.

Oklahoma HB2288 modifies earnings limits for retired teachers returning to work in public schools.

Oklahoma HB2288 amends the Teachers' Retirement System to adjust earnings limitations for retired teachers returning to work in public schools. For teachers aged 55 to 59.5, earnings are limited to the lesser of $30,000 or 50% of their final average earnings. For those aged 59.5 and older, there are no earnings limits until July 1, 2028. After that date, earnings are limited to the lesser of $15,000 or 50% of their final average salary, unless the Social Security Administration allows higher earnings.