Loading chat...

OK HB2258

Bill

Status

Passed

4/12/2016

Primary Sponsor

Randy McDaniel

Click for details

Origin

House of Representatives

2016 Regular Session

AI Summary

  • Amends reporting requirements for the Oklahoma State Pension Commission's quarterly performance reports covering seven state retirement systems (Firefighters, Police, Justices/Judges, Law Enforcement, Teachers, Public Employees, and Wildlife Conservation)

  • Removes requirement for custodian bank performance analysis including collateralization review from quarterly reports

  • Changes annual report language from "comparative performance" to simply a report, and from "investment plans developed" to "investment policy statements adopted"

  • Eliminates requirement to compare securities lending and investment analyses with data from a larger population of managers

  • Effective date: November 1, 2016

Legislative Description

State government; Oklahoma State Pension Commission; reports; effective date.

Last Action

Approved by Governor 04/12/2016

4/12/2016

Committee Referrals

Pensions3/10/2016
Business, Labor, and Retirement Laws2/2/2016

Full Bill Text

No bill text available