OK SB396

Designees for ex officio members of the Teachers' Retirement System (TRS) Board must be full-time employees of their respective agencies (State Department of Education, Office of Management and Enterprise Services, or Oklahoma Department of Career and Technology Education)

Designees for ex officio members of the Oklahoma Public Employees Retirement System (OPERS) Board must be full-time employees of their respective agencies (Corporation Commission, Office of Management and Enterprise Services, or Insurance Department)

Updates statutory language to replace gendered terms ("Chairman" to "Chair," "his or her" to gender-neutral alternatives) and modernize statutory references

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

Passed the Senate on March 11, 2015