OK SB715

Increases municipal employer contributions 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 the 9% member contribution rate deducted monthly from each firefighter's gross salary, with municipalities permitted to pay all or part of the member's required contribution

Requires counties and municipalities to deposit $60 annually for each volunteer firefighter, with exemptions for jurisdictions having less than $25,000 in general fund income

Municipalities failing to comply with contribution requirements lose eligibility for their proportionate share of motor fuel excise tax revenue distributed through the Oklahoma Tax Commission

Includes emergency clause for immediate effect upon passage, with formal effective date of July 1, 2026