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OK HB2486

OK HB2486
Public retirement systems; Oklahoma Pension Systems Benefit Adjustment Act of 2019; effective date.


summary

Introduced
02/04/2019
In Committee
02/05/2019
Crossed Over
Passed
Dead
05/29/2020

Introduced Session

2020 Regular Session

Bill Summary

An Act relating to public retirement systems; enacting the Oklahoma Pension Systems Benefit Adjustment Act of 2019; providing for noncodification; and providing an effective date.

AI Summary

This bill, titled the "Oklahoma Pension Systems Benefit Adjustment Act of 2019," proposes to make changes to public retirement systems in Oklahoma. The key provisions of the bill are that it will not be codified into the state's statutes and will become effective on November 1, 2019. The bill is considered a "non-fiscal bill" as it does not increase benefits, according to an analysis by an actuary who is a member of the American Academy of Actuaries.

Sponsors (1)

Last Action

Second Reading referred to Rules (on 02/05/2019)

bill text


bill summary

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bill summary

Document Type Source Location
State Bill Page http://www.oklegislature.gov/BillInfo.aspx?Bill=hb2486&Session=2000
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