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OK SJR21

Joint Resolution

Status

Introduced

2/7/2011

Primary Sponsor

Scott Martin

Click for details

Origin

Senate

2011 Regular Session

AI Summary

  • Directs the Secretary of State to refer a proposed constitutional amendment to Oklahoma voters that would add Section 14 to Article XXIII of the Oklahoma Constitution.

  • Requires the Teachers' Retirement System of Oklahoma to achieve and maintain a funded ratio of at least 90 percent as certified by the Board of Trustees through annual actuarial valuation by July 1, 2045.

  • Establishes ballot title and procedures for the measure to be presented to voters as a state question.

  • Requires the President Pro Tempore of the Senate to file copies of the resolution with the Secretary of State and Attorney General immediately after passage.

Legislative Description

Constitutional Amendment; requiring the Teachers' 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