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OK SB1273

Bill

Status

Introduced

2/1/2010

Primary Sponsor

Jay Gumm

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Origin

Senate

2010 Regular Session

AI Summary

  • Increases death benefit for annuitants (retired members) of the Teachers' Retirement System of Oklahoma from $5,000 to $7,500

  • Increases death benefit for members who die without a living beneficiary from $5,000 to $7,500 when paying without probate proceedings

  • Applies only to deaths occurring on or after July 1, 2010

  • Declares an emergency effective date, making the act effective immediately upon passage and approval

Legislative Description

Teachers' Retirement System of Oklahoma; modifying amount of death benefit. Effective date. Emergency.

Education - Higher

Last Action

Second Reading referred to Retirement and Insurance

2/2/2010

Committee Referrals

Retirement and Insurance2/2/2010

Full Bill Text

No bill text available