Bill > HB1553

This bill is a very minimal legislative document that appears to be a shell bill or placeholder for future retirement reform legislation. Specifically, the bill establishes the "Retirement Reform Act of 2025" as its official name and sets an effective date of November 1, 2025. The bill does not contain substantive details about actual retirement reforms, but instead seems to be a procedural measure that creates a framework for potential future legislative action related to retirement policy. The bill includes an actuarial notation from Thomas E. Cummins, a consulting actuary, who confirms this is a non-fiscal bill as defined by OPLAAA (which likely stands for Oklahoma Procedural Legislative Administrative Act or something similar). At this stage, the bill provides no specific changes to existing retirement laws or regulations.

http://www.oklegislature.gov/BillInfo.aspx?Bill=hb1553&Session=2600