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OK HB2507

Bill

Status

Introduced

2/1/2016

Primary Sponsor

Mark McBride

Click for details

Origin

House of Representatives

2016 Regular Session

AI Summary

  • Amends 74 O.S. 2011, Section 905 to modify the appointment process for two members of the Oklahoma Public Employees Retirement System (OPERS) Board of Trustees

  • Requires the Speaker of the House appointee who is an active OPERS member to be selected from a list of three candidates submitted by the largest employee organization representing state employees

  • Requires the President Pro Tempore appointee who is a retired OPERS member to be selected from a list of three candidates submitted by the largest employee organization representing state employees

  • Classified as a non-fiscal retirement bill that does not increase benefits or create additional liability for OPERS

  • Effective date of November 1, 2016

Legislative Description

Public retirement systems; Oklahoma Public Employees Retirement System; Board of Trustees; membership; effective date.

Last Action

Second Reading referred to Business, Labor and Retirement Laws

2/2/2016

Committee Referrals

Business, Labor, and Retirement Laws2/2/2016

Full Bill Text

No bill text available