SB11

Teachers' Retirement System of Oklahoma; providing for benefits increase.

Introduced·2/3/25
Int Text

Oklahoma SB11 provides a 5% increase in benefits for recipients of the Teachers' Retirement System of Oklahoma.

Oklahoma SB11 amends the Teachers' Retirement System of Oklahoma to provide a 5% increase in benefits for those receiving benefits as of June 30, 2025, and continuing to receive them after the act's effective date. The bill codifies this provision in the Oklahoma Statutes as Section 17-116.23 of Title 70, ensuring the change is formally recognized and implemented.

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.

Where it stands

Current
Retirement and Government Resources Committee
Next
Committee decision

Sponsors

0
2
RR
Democratic CaucusRepublican Caucus

History

Feb 6, 2025

Senate

Coauthored by Senator Frix

Feb 4, 2025

Senate

Second Reading referred to Retirement and Government Resources Committee then to Appropriations Committee

Feb 3, 2025

Senate

First Reading