Bill > HB1904

This bill is a simple legislative instrument titled the "Retirement Act of 2025" that primarily establishes its own name and effective date. Specifically, the bill declares itself as a new section of law that will become effective on November 1, 2025. Interestingly, the bill appears to be a "shell bill," which means it is a placeholder or preliminary legislative document that may be further developed or amended in the future. The bill includes an actuarial note from Thomas E. Cummins, a consulting actuary, who confirms that the bill is a non-fiscal bill as defined by OPLAAA (likely an acronym for Oklahoma Proposed Legislation and Administrative Act). While the bill does not substantively change any existing retirement laws at this stage, it sets the groundwork for potential future retirement-related legislative action.

Business and Industry, Government Affairs

http://www.oklegislature.gov/BillInfo.aspx?Bill=hb1904&Session=2600