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OK SJR20

Joint Resolution

Official Source

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 15 to Article XXIII of the Oklahoma Constitution
  • Requires the Oklahoma Law Enforcement Retirement System to achieve a 90% funded ratio by July 1, 2045
  • Directs the Secretary of State to refer the amendment to voters for approval or rejection
  • Establishes ballot title and procedures for filing the proposed amendment with the Secretary of State and Attorney General
  • Amendment must be certified annually by the Board of Trustees of the Oklahoma Law Enforcement Retirement System through actuarial valuation

Legislative Description

Constitutional Amendment; requiring the Oklahoma Law Enforcement 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