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OK SB1393
Bill
Status
2/6/2012
Primary Sponsor
Don Barrington
Click for details
AI Summary
SB 1393 Summary
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Amends 11 O.S. Section 49-108 to standardize terminology, replacing "fire fighter" with "firefighter" throughout the statute.
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Allows volunteer firefighters appointed as paid firefighters who serve less than 10 years to receive pension benefits combining volunteer service (1/20 of volunteer pension per year) and paid service (1/20 of 1/2 average salary per year).
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Permits volunteer firefighters appointed as paid firefighters on or after May 15, 1992 who serve 10+ years to credit up to 5 years of volunteer time toward a 20-year paid service pension, with additional volunteer years calculated at 1/20 of volunteer pension.
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Establishes that volunteer firefighters appointed as paid firefighters before May 15, 1992 who serve 10+ years may credit all volunteer time toward a 20-year paid service pension.
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Adds new provisions allowing paid firefighters appointed as volunteer firefighters after the effective date to receive combined pension benefits and caps total credited service at 30 years.
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Becomes effective November 1, 2012.
Legislative Description
Oklahoma Firefighters Pension and Retirement System; allowing certain firefighters to receive certain pension. Effective date.
Retirement
Last Action
Pending authorship Representative(s) Armes
2/21/2012