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OK SJR22
Joint Resolution
Status
2/7/2011
Primary Sponsor
Scott Martin
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AI Summary
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Proposes to amend the Oklahoma Constitution by adding a new Section 13 to Article XXIII requiring the Oklahoma Public Employees Retirement System to achieve a 90% funded ratio by July 1, 2045.
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The Secretary of State is directed to refer this proposed amendment to voters for approval or rejection as provided by law.
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Includes a ballot title explaining the measure would amend the Constitution to require the OPERS to maintain a specific funded ratio by a set deadline.
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The President Pro Tempore of the Senate must file copies of the resolution with the Secretary of State and Attorney General immediately after passage.
Legislative Description
Constitutional Amendment; requiring the Oklahoma Public Employees Retirement System to have certain funded ratio.
Retirement
Last Action
Second Reading referred to Retirement and Insurance
2/14/2011