SB 668 Summary

• Amends Oklahoma Teachers Retirement System Board of Trustees to clarify statutory references and modify membership requirements for appointed positions

• Expands Oklahoma State Pension Commission from 7 to 8 members by adding the Superintendent of Public Instruction or designee as a voting member

• Increases Oklahoma Public Employees Retirement System Board from 13 to 14 members by adding the Oklahoma State Treasurer or designee, and makes gender-neutral language changes (e.g., "Chairman" to "Chair")

• Effective date July 1, 2015, with emergency clause allowing immediate effect upon passage and approval