OK SB1344

Modifies state employee longevity pay amounts, increasing payments across all service tiers and reducing the minimum service requirement from 4 years to 3 years for the first longevity payment tier.

Adds a new eligibility requirement that employees must receive an overall performance rating of at least "meets standards" on their most recent service rating to qualify for longevity pay.

Implements annual inflation adjustments to state employee longevity payments starting July 1, 2013, based on the Consumer Price Index (All Urban Consumers).

Changes the longevity pay increment schedule from every 2 years to every 1 year of service after the first 5 years, adding $200 per year instead of per 2-year period.

Becomes effective July 1, 2012, with an emergency declaration for immediate implementation.