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OK HB1274
Bill
Status
2/3/2025
Primary Sponsor
Neil Hays
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AI Summary
HB 1274 Summary
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Allows retired Oklahoma public school teachers who have completed a 60-calendar-day break from employment to return to work as active classroom teachers in common or career tech school districts and continue receiving retirement benefits.
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Increases earnings limitations to $50,000 annually for retired classroom teachers returning to work between the bill's effective date (August 1, 2025) and December 31, 2028, compared to the standard limit of $30,000 for those age 62 and older.
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Maintains existing requirements including a 60-day waiting period after retirement, monthly retirement benefit limitations based on age and Social Security rules, and mandatory school district contributions to the Teachers' Retirement System.
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Declares an emergency, allowing the bill to take effect upon passage and approval rather than waiting for the standard effective date.
Legislative Description
Teachers' Retirement System of Oklahoma; postretirement employment; earnings limitations; effective date; emergency.
Last Action
Second Reading referred to Rules
2/4/2025