Bill > SB174

This bill provides a 2% benefit increase for current retirees of the Teachers' Retirement System of Oklahoma. Specifically, any person who is receiving retirement benefits from the system as of June 30, 2025, and continues to receive those benefits after the bill's effective date, will automatically have their monthly retirement benefit amount increased by 2%. The bill creates a new section of law in Title 70 of the Oklahoma Statutes, which will provide this across-the-board benefit enhancement for existing retired teachers. Such a provision is typically designed to help retired educators keep pace with inflation and provide some additional financial support to those who have dedicated their careers to public education in Oklahoma.

Labor and Employment

http://www.oklegislature.gov/BillInfo.aspx?Bill=sb174&Session=2500