Bill > SB182

This bill modifies provisions of the Oklahoma Public Employees Retirement System (OPERS) by expanding eligibility for certain retirement benefits and adjusting contribution and benefit calculation rules. Specifically, it adds law enforcement agents with the Department of Human Services Office of Inspector General and Resident Care Specialists with the Office of Juvenile Affairs to the list of those eligible for enhanced retirement benefits, including a 2.5% multiplier for calculating their retirement pay, and also clarifies provisions for deputy sheriffs and county jailers regarding when this enhanced multiplier applies. Additionally, the bill updates definitions within the OPERS statutes, such as clarifying what constitutes "Social Security" and "Veterans Administration" for benefit purposes, and makes technical amendments to ensure consistency in language and references throughout the relevant sections of Oklahoma law.

Budget and Finance, Labor and Employment

http://www.oklegislature.gov/BillInfo.aspx?Bill=sb182&Session=2600