Oklahoma Law Enforcement Retirement System; providing for benefits increase.

SB 9 provides a 5% automatic increase in retirement benefits for Oklahoma law enforcement retirees who were receiving benefits as of June 30, 2025, and continue to receive them after the bill's effective date. This increase applies to current recipients under the Oklahoma Law Enforcement Retirement System, directly affecting those retirees who meet the eligibility date. The bill includes a key provision that offsets any existing benefit increases from other sections of law (under Title 47, Section 2-305) by the same 5% amount to prevent cumulative overpayments. The policy change takes effect upon the bill's passage, adjusting retirement payments without requiring additional applications or eligibility reviews.