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OK SJR60

Joint Resolution

Status

Introduced

2/6/2012

Primary Sponsor

John Sparks

Click for details

Origin

Senate

2012 Regular Session

AI Summary

  • Directs the Secretary of State to submit to Oklahoma voters a proposed amendment to the Oklahoma Constitution adding new Section 18 to Article XXIII.

  • The amendment requires the Oklahoma Police Pension and Retirement System to maintain a funded ratio of at least 90 percent by July 1, 2045, as certified by the Board of Trustees' annual actuarial valuation.

  • Provides the ballot title and text for voter approval of the constitutional amendment.

  • 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 Police Pension and Retirement System to have certain funded ratio.

Retirement

Last Action

Second Reading referred to Retirement and Insurance

2/8/2012

Committee Referrals

Retirement and Insurance2/8/2012

Full Bill Text

No bill text available