Oklahoma SB182 modifies retirement benefits for certain public employees.
Oklahoma SB182 amends the Oklahoma Public Employees Retirement System to modify retirement benefits for specific groups of public employees. It adjusts the calculation of final average compensation for retirement benefits, affecting employees with different service periods. The bill also updates the maximum compensation levels for calculating retirement benefits and modifies the retirement benefit formula for certain law enforcement officers and firefighters.
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.