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OK HB4263
Bill
Status
2/2/2026
Primary Sponsor
Ronny Johns
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AI Summary
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Retired Teachers' Retirement System of Oklahoma members hired by the Oklahoma Department of Career and Technology Education on or after November 1, 2026, must participate as active members in the Oklahoma Public Employees Retirement System (defined benefit or defined contribution plan), removing their previous option to remain in the Teachers' Retirement System
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Extends the same requirement to retired teachers hired by the State Department of Education, updating the effective date from November 1, 2019 to November 1, 2026
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Adds a new category of "nonfiscal retirement bill" under the Oklahoma Pension Legislation Actuarial Analysis Act for bills authorizing elections by certain retired Teachers' Retirement System members
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Section 1 (actuarial analysis definitions) becomes effective October 1, 2026; Section 2 (retirement system membership changes) becomes effective November 1, 2026
Legislative Description
Public retirement systems; Oklahoma Pension Legislation Actuarial Analysis Act; Teachers' Retirement System; employees of Department of Career and Technology Education; effective dates.
Last Action
CR; Do Pass, amended by committee substitute Government Oversight Committee
3/9/2026