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OK SB1117

Bill

Official Source

Status

Introduced

2/4/2013

Primary Sponsor

Michael Mazzei

Click for details

Origin

Senate

2013 Regular Session

AI Summary

SB 1117 Summary

  • Amends the Oklahoma Police Pension and Retirement System to modify the definition of "Normal retirement date" by changing the years of credited service requirement from 20 years to 25 years.

  • Changes the "Normal disability benefit" calculation to be based on 25 years of service instead of 20 years.

  • Applies these modifications to the Oklahoma Police Pension and Retirement Board's regulations governing police officer retirement benefits.

  • Becomes effective November 1, 2013.

Legislative Description

Oklahoma Police Pension and Retirement Board; modifying definition. Effective date.

Public Safety

Last Action

coauthored by McDaniel (Randy) (principal House author)

2/5/2013

Committee Referrals

Pensions2/5/2013

Full Bill Text

No bill text available