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OK SB1354

Bill

Official Source

Status

Introduced

2/1/2016

Primary Sponsor

Larry Boggs

Click for details

Origin

Senate

2016 Regular Session

AI Summary

  • Provides a one-time payment of $500 to retired teachers who were receiving benefits from the Teachers' Retirement System of Oklahoma as of July 1, 2015, and continue receiving benefits on or after July 1, 2016

  • Funds for the payments would come from legislative appropriations

  • Creates new Section 17-116.22 of Title 70 in Oklahoma Statutes

  • Effective date of July 1, 2016, with an emergency clause for immediate implementation upon passage and approval

Legislative Description

Teachers' Retirement; creating one-time payment. Effective date.

Last Action

Second Reading referred to Pensions Committee then to Appropriations Committee

2/2/2016

Committee Referrals

Pensions2/2/2016

Full Bill Text

No bill text available