Bill > SB11

This bill provides a 5% benefit increase for individuals who are already receiving retirement benefits from the Teachers' Retirement System of Oklahoma as of June 30, 2025, and continue to receive those benefits after the bill's effective date. The legislation specifically targets existing retirees, ensuring they will see a modest increase in their monthly retirement payments. By codifying this provision in Section 17-116.23 of Title 70 of the Oklahoma Statutes, the bill aims to provide some financial relief to retired teachers by helping them keep pace with potential increases in living expenses. The bill does not appear to change eligibility requirements or affect current employees who have not yet retired, but focuses solely on providing an across-the-board percentage increase for those already drawing retirement benefits.

Labor and Employment

http://www.oklegislature.gov/BillInfo.aspx?Bill=sb11&Session=2600