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OK SB77
Bill
AI Summary
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Adds a new nonvoting member to the Board of Trustees of the Teachers' Retirement System of Oklahoma appointed by a statewide organization representing retired educators with at least 7,500 members
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Modifies Section 17-106 of the Oklahoma Teachers' Retirement System statute to include this additional board position while maintaining all existing voting members and their appointment authorities
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The new nonvoting member position allows retired educator representation on the board without affecting voting structure or decision-making authority
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Bill becomes effective July 1, 2011, with an emergency clause for immediate enactment upon passage and approval
Legislative Description
Teachers' Retirement System of Oklahoma; adding certain nonvoting member to the Board of Trustees. Effective date. Emergency.
Retirement
Last Action
Second Reading referred to Retirement and Insurance
2/8/2011