Oklahoma HB4152 modifies retirement provisions for the Teachers' Retirement System of Oklahoma.
Oklahoma HB4152 amends the Oklahoma Pension Legislation Actuarial Analysis Act and the Teachers' Retirement System of Oklahoma. It changes the service requirement for vesting from 7 years to 5 years in Oklahoma. It also modifies the retirement eligibility criteria, reducing the required years of service from 26 to 21 years for certain interest accumulations. The bill further details provisions for death benefits, disability retirement, and the payment of accumulated contributions to heirs. Effective November 1, 2026.
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