Oklahoma Public Employees Retirement System; providing for benefits increase.

This bill increases retirement benefits for Oklahoma Public Employees Retirement System (OPERS) recipients. It provides a 5% automatic benefit increase to anyone receiving OPERS benefits as of June 30, 2025, who continues to receive benefits after the bill's effective date. The change applies directly to current retirees meeting the eligibility date, with no additional application required. The provision is codified in Title 74, Section 930.12 of Oklahoma Statutes.