Bill > HB1739

This bill modifies the Oklahoma Law Enforcement Retirement System by gradually increasing employer contribution rates from 11% to 16.5% over several years, starting July 1, 2025, and raising employee contribution rates from 8% to 9%. The bill expands benefit computation provisions to include two additional job classifications (Attorney General Agents and Military Department Police Officers) that can receive retirement pay based on the top base salary of the highest non-supervisory position in their agency. Under the new provisions, members who die in the line of duty will still be eligible for these enhanced benefit calculations. The bill also clarifies that members who become disabled can receive specific retirement benefits based on their years of service and salary, with provisions for annual medical examinations and potential disability percentage reductions. The changes aim to provide more comprehensive retirement and disability benefits for law enforcement personnel, with the modifications becoming effective July 1, 2025, and an emergency clause allowing immediate implementation upon passage.

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http://www.oklegislature.gov/BillInfo.aspx?Bill=hb1739&Session=2600