Bill > HB1245

This bill makes several changes to the Oklahoma Public Employees Retirement System (OPERS), including defining "CLEET-certified law enforcement agent employed by the Department of Human Services Office of Inspector General" and extending certain retirement benefits and protections to these individuals, similar to those already provided to correctional officers, deputy sheriffs, and other public safety personnel. Specifically, it allows these agents to be eligible for a higher retirement benefit multiplier (2.5% instead of 2%) for their service, and it expands the circumstances under which a monthly pension is paid to the beneficiaries of such agents if they are killed or mortally wounded in the line of duty. The bill also updates references within the law and modifies employee contribution rates for certain positions, including the newly defined law enforcement agents, who will contribute 8% of their allowable compensation. These changes are intended to provide comparable retirement benefits and protections across different public safety roles within the state.

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http://www.oklegislature.gov/BillInfo.aspx?Bill=hb1245&Session=2600