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OK SB732

Bill

Official Source

Status

Introduced

2/4/2013

Primary Sponsor

Tahrohon Shannon

Click for details

Origin

Senate

2014 Regular Session

AI Summary

Senate Bill 732 Summary

  • Amends 74 O.S. 2011, Section 903 to clarify language regarding the Oklahoma Public Employees Retirement System (OPERS) and its statutory authority

  • Replaces vague references to "this act" with specific statutory citations to "Section 901 et seq. of this title" to improve legal clarity and precision

  • Updates the law to explicitly define OPERS as a body corporate and instrumentality of the State of Oklahoma with specified powers and duties

  • Becomes effective November 1, 2013

Legislative Description

Oklahoma Public Employees Retirement System; enacting the Sooner Save Special Act; defined contribution plan. Effective date.

State Employees

Last Action

Title stricken

2/18/2013

Committee Referrals

Pensions2/18/2013
Rules2/5/2013

Full Bill Text

No bill text available