Bill > SB89

This bill directs the Office of Management and Enterprise Services (OMES) to establish a mechanism for vested state employees retiring from service to transfer unused sick and annual leave beyond current statutory limits to be used for retirement benefits. Specifically, the bill amends existing law to create a new option for employees to convert excess unused leave into a benefit allowance upon retirement. The bill modifies two sections of Oklahoma statutes related to employee leave and retirement benefits: Section 840-2.20 and Section 913. Under the new provisions, employees will be able to transfer unused sick and annual leave at a standard benefit allowance rate for the calendar year, which provides more flexibility for retiring state employees in managing their accumulated leave. The bill updates several references and technical language in the existing statutes and will become effective on November 1, 2025. This change aims to provide state employees with an additional option for managing unused leave at the end of their state service, potentially offering more value for accumulated leave beyond current cash-out or forfeiture limits.

Labor and Employment

http://www.oklegislature.gov/BillInfo.aspx?Bill=sb89&Session=2600