Bill > HB1182

This bill modifies Oklahoma's pension and retirement system laws to authorize new membership for certain employees of the Council on Law Enforcement Education and Training (CLEET). Specifically, commissioned or CLEET-certified agents hired by CLEET on or after July 1, 2025, will be required to participate in the Oklahoma Law Enforcement Retirement System, and they will be prohibited from making contributions to other retirement plans (except for specific deferred compensation plans). The bill amends existing statutes in two key areas: first, it updates the Oklahoma Pension Legislation Actuarial Analysis Act to include the new CLEET agent membership as a type of "nonfiscal" retirement bill amendment, and second, it modifies the definition of membership in the Oklahoma Law Enforcement Retirement System to explicitly include CLEET agents. The bill has staggered effective dates, with some provisions taking effect immediately and others on July 1, 2025, depending on whether the emergency clause is approved. An actuarial analysis accompanying the bill confirms that these changes are considered "nonfiscal" and will not significantly impact the retirement system's financial structure.

Business and Industry, Government Affairs

http://www.oklegislature.gov/BillInfo.aspx?Bill=hb1182&Session=2600