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OK HB1903

OK HB1903
Retirement; Retirement Act of 2025; effective date.


summary

Introduced
02/03/2025
In Committee
02/04/2025
Crossed Over
Passed
Dead

Introduced Session

2025 Regular Session

Bill Summary

An Act relating to retirement; enacting the Retirement Act of 2025; providing for noncodification; and providing an effective date.

AI Summary

This bill is a simple procedural legislation known as the "Retirement Act of 2025" that establishes its own name and sets its effective date. The bill does not appear to contain substantive changes to retirement law, but instead serves as a legislative placeholder or "shell bill" that provides a framework for future retirement-related amendments. Specifically, the bill declares its official title and specifies that it will become effective on November 1, 2025. The bill includes a notation from Thomas E. Cummins, a consulting actuary, who confirms that this is a non-fiscal bill as defined by OPLAAA (likely the Oklahoma Public Legislative Administrative and Appropriations Act). The bill itself does not modify any existing retirement statutes or provide detailed policy changes, making it primarily a procedural document for potential future legislative action.

Sponsors (1)

Last Action

Second Reading referred to Rules (on 02/04/2025)

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