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OK HB2932
Bill
Status
3/15/2010
Primary Sponsor
Ed Cannaday
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AI Summary
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Changes the terminology in the Teachers' Retirement System of Oklahoma statute from "teachers of the State of Oklahoma" to "members of the retirement system" to reflect current membership.
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Maintains the establishment and management of the retirement system under the Board of Trustees for providing retirement allowances and other benefits.
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Preserves the Board of Trustees' corporate powers and status, keeping its official name as the "Board of Trustees of the Teachers' Retirement System of Oklahoma."
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Becomes effective November 1, 2010.
Legislative Description
Public retirement systems; relating to the Teachers' Retirement System of Oklahoma; clarifying terminology. Effective date.
Retirement
Last Action
Second Reading referred to Retirement and Insurance
3/17/2010