Public retirement systems; Law Enforcement Retirement System; election to participate; members; transfer of contributions and records; credit; effective dates; emergency.

This bill amends the Oklahoma Law Enforcement Retirement System to update definitions and eligibility rules for various state agencies, including the Highway Patrol, State Bureau of Investigation, and Office of the Attorney General. It clarifies who qualifies as a member, specifically restricting participation for leased employees and independent contractors while maintaining eligibility for certain long-term communications staff. The legislation also adjusts the rules for when members can retire without a reduction in pay, setting the standard age at 62 with specific service requirements. Additionally, it aligns the system's distribution requirements with current federal tax laws regarding how much money must be withdrawn from retirement accounts annually.