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OK SJR17
Joint Resolution
Status
2/7/2011
Primary Sponsor
Scott Martin
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AI Summary
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Proposes a constitutional amendment adding Section 18 to Article XXIII of the Oklahoma Constitution
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Requires the Oklahoma Police Pension and Retirement System to maintain a funded ratio of at least 90% as certified by the Board of Trustees' annual actuarial valuation
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Sets a deadline of July 1, 2045 for achieving and maintaining the 90% funded ratio requirement
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Directs the Secretary of State to refer the proposed amendment to voters for approval or rejection
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Specifies the ballot title and directs the President Pro Tempore of the Senate to file the resolution with the Secretary of State and Attorney General
Legislative Description
Constitutional Amendment; requiring the Oklahoma Police Pension and Retirement System to have certain funded ratio.
Retirement
Last Action
Second Reading referred to Retirement and Insurance
2/14/2011