OK SB715

Increases employer contribution rate to the Oklahoma Firefighters Pension and Retirement System from 14% to 16% of total actual paid gross salaries of fire department members, effective July 1, 2025.

Maintains employee contribution requirement of 9% of gross salary as minimum deduction, with municipalities having option to pay all or part of member contributions.

Updates statutory language throughout the section regarding "picked-up contributions" and "motor fuel excise tax" for clarity and consistency.

Municipalities failing to comply with contribution provisions forfeit their proportionate share of motor fuel excise tax received through the Oklahoma Tax Commission.

Declares an emergency effective date, allowing the act to take effect upon passage and approval rather than waiting for the standard July 1, 2025 effective date.