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OK SJR18

Joint Resolution

Official Source

Status

Introduced

2/7/2011

Primary Sponsor

Scott Martin

Click for details

Origin

Senate

2011 Regular Session

AI Summary

  • Proposes adding a new Section 17 to Article XXIII of the Oklahoma Constitution
  • Requires the Oklahoma Firefighters Pension and Retirement System to achieve a 90% funded ratio by July 1, 2045
  • Funded ratio must be certified by the Board of Trustees according to annual actuarial valuation
  • Directs Secretary of State to refer the proposed amendment to voters for approval or rejection
  • Specifies ballot title language and requires filing with the Secretary of State and Attorney General

Legislative Description

Constitutional Amendment; requiring the Oklahoma Firefighters 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