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OK SJR21
Joint Resolution
Status
2/7/2011
Primary Sponsor
Scott Martin
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AI Summary
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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.
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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.
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Establishes ballot title and procedures for the measure to be presented to voters as a state question.
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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