Law Enforcement Retirement System; reinstating annual retirement pay for certain members. Effective dates. Emergency.

This bill reinstates and clarifies annual retirement pay for specific members of the Oklahoma Law Enforcement Retirement System who retired before certain dates. It ensures that eligible officers, including highway patrolmen and special agents, receive pension payments based on either their final average salary or a percentage of current salaries for specific roles, whichever amount is higher. The legislation applies primarily to those who completed at least 20 years of service or retired before July 1, 2002, while protecting existing retirees from receiving lower benefits than they were getting as of June 30, 2002.