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OK SB609
Bill
Status
Introduced
2/3/2025
Primary Sponsor
Darrell Weaver
Click for details
AI Summary
- Amends 11 O.S. 2021, Section 50-111.2 to allow Oklahoma Police Pension and Retirement System members to transfer up to 5 years of credited service from out-of-state public retirement systems (state, county, or municipal)
- Members must not be receiving or eligible to receive retirement credit or benefits from the out-of-state system to qualify for the transfer
- Previously, service transfers were limited to Oklahoma systems only, including Firefighters Pension, Law Enforcement Retirement, Teacher's Retirement, Public Employees Retirement, and county/municipal systems
- Transferred service does not alter normal retirement date or vesting requirements; credited service is added only after the member reaches those dates
- Employee and city contributions from former municipal retirement systems prior to January 1, 1981 remain non-transferable
Legislative Description
Oklahoma Police Pension and Retirement System; allowing for credited service from certain out-of-state public retirement systems. Effective date.
Last Action
Placed on General Order
3/2/2026
Committee Referrals
Appropriations2/17/2026
Retirement and Government Resources2/4/2025
Full Bill Text
No bill text available