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OK SB174

Bill

Status

Introduced

2/3/2025

Primary Sponsor

Roland Pederson

Click for details

Origin

Senate

2025 Regular Session

AI Summary

  • Increases benefits by 2% for all persons receiving payments from the Teachers' Retirement System of Oklahoma as of June 30, 2025
  • Applies to beneficiaries who continue receiving benefits on or after the effective date of the act
  • Creates new section 17-116.23 of Title 70 of the Oklahoma Statutes
  • Committee substitute for Senate Bill 174 from the 1st Session of the 60th Oklahoma Legislature (2025)

Legislative Description

Teachers' Retirement System of Oklahoma; providing for benefits increase.

Last Action

Referred to Legislative Actuary under 62 O.S., Section 3108

2/25/2025

Committee Referrals

Retirement and Government Resources2/4/2025

Full Bill Text

No bill text available