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OK HB1052

Bill

Status

Passed

5/12/2015

Primary Sponsor

Clark Jolley

Click for details

Origin

House of Representatives

2016 Regular Session

AI Summary

  • Oklahoma State Pension Commission membership consists of 7 members: State Auditor and Inspector, Director of Office of Management and Enterprise Services, State Treasurer, and 4 appointed members.

  • Senate member appointed by President Pro Tempore and House member appointed by Speaker of House are designated as nonvoting members.

  • Governor appoints one member with at least 10 years of experience in banking or financial services industry.

  • Governor appoints one member with at least 10 years of experience in professional pension or retirement planning, including defined benefit retirement plan design experience.

  • Members of state retirement system governing bodies are ineligible for Commission appointment.

Legislative Description

Oklahoma State Pension Commission; membership; voting.

Government

Last Action

Approved by Governor 05/12/2015

5/12/2015

Committee Referrals

Pensions3/5/2015
Business, Labor, and Retirement Laws2/3/2015

Full Bill Text

No bill text available