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OK SB602

Bill

Official Source

Status

Introduced

2/2/2015

Primary Sponsor

Wayne Shaw

Click for details

Origin

Senate

2016 Regular Session

AI Summary

  • Municipal police officers performing law enforcement duties for counties may elect to continue participation in the Oklahoma Police Pension and Retirement System effective July 1, 2015
  • Counties employing officers who make this election must pay employer contributions of at least 13% of actual paid base salary
  • Officers must continue making employee contributions of at least 8% of actual paid base salary
  • Counties are treated as participating employers for pension purposes when officers elect to continue coverage under intergovernmental agreements or direct county employment
  • Declares an emergency, making the act effective immediately upon passage and approval

Legislative Description

Police pensions; authorizing election by municipal police officers; requiring county to make contribution; requiring officer to make contribution. Effective date.

Last Action

Second Reading referred to Pensions

2/3/2015

Committee Referrals

Pensions2/3/2015

Full Bill Text

No bill text available