Public retirement systems; Oklahoma Pension Actuarial Analysis Act; Oklahoma Law Enforcement Retirement System; definition; membership; Council on Law Enforcement Education and Training; codification; effective dates; emergency.
What changed between versions
Changed the retirement system from the Oklahoma Law Enforcement Retirement System to a retirement plan offered by the Oklahoma Public Employees Retirement System for certain employees.
Added authorization for retirement benefits for certain employees under the new retirement plan.
Updated the definition of 'System' from the Oklahoma Law Enforcement Retirement System to a retirement plan offered by the Oklahoma Public Employees Retirement System.
Added a new definition for 'Board' referring to the Oklahoma Law Enforcement Retirement Board of the System.
Added a new definition for 'Executive Director' as the managing officer of the System employed by the Board.
Added a new definition for 'Fund' as the Oklahoma Law Enforcement Retirement Fund.
Added a new definition for 'Participating employer' as any Oklahoma entity with one or more employees who are members of the System.
Modified the definition of 'Member' to include active commissioned or CLEET-certified agents hired by the Office of the Attorney General or the Military Department of the State of Oklahoma on or after July 1, 2024.
Modified the definition of 'Member' to include active commissioned or CLEET-certified agents hired by the Council on Law Enforcement Education and Training on or after the effective date of this act, except as otherwise provided pursuant to Section 2 of this act.
Added a new definition for 'leased employee' as defined under Section 414(n)(2) of the Internal Revenue Code of 1986, as amended.
Added a new definition for 'independent contractor' as defined under Section 414(n)(2) of the Internal Revenue Code of 1986, as amended.
Added requirements for post-offer-employment examination standards for all persons offered a position described in subparagraph a of the paragraph.
Added requirements that all such persons shall be of good moral character, free from deformities, mental or physical conditions, or disease and alcohol or drug addiction which would prohibit the person from performing the duties of a law enforcement officer.
