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OK SJR17

Joint Resolution

Status

Introduced

2/7/2011

Primary Sponsor

Scott Martin

Click for details

Origin

Senate

2011 Regular Session

AI Summary

  • Proposes a constitutional amendment adding Section 18 to Article XXIII of the Oklahoma Constitution

  • 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

  • Sets a deadline of July 1, 2045 for achieving and maintaining the 90% funded ratio requirement

  • Directs the Secretary of State to refer the proposed amendment to voters for approval or rejection

  • 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

Committee Referrals

Retirement and Insurance2/14/2011

Full Bill Text

No bill text available