SB 90 Oklahoma Senate · 2025 Regular Session

Oklahoma Public Employees Retirement System; providing for benefit increase.

SB 90 provides a 5% benefit increase for retirees in several Oklahoma public employee retirement systems, including firefighters, police officers, judges, law enforcement officers, teachers, and general public employees. The increase applies to those receiving benefits as of June 30, 2025, and continuing after the bill's effective date, with a July 1, 2026 effective date for some systems. Retirees who joined before January 1, 1981, have their increases offset by half (for firefighters) or one-third (for police) of any future base salary changes for current officers in their respective fields. The bill directly affects current retirees in these specific pension systems through concrete, automatic adjustments to their monthly benefits.

Bill status in committee 1 of 4 stages cleared

Introduction

Feb 2025

Committee Review

Floor Vote

Governor

Introduced Feb 3, 2025 Last action Feb 25, 2025

Maddy AI version diff · 1 comparison

What changed between versions

Introduced → Committee Substitute · 4 edits

MODERATE

The bill was revised from an Introduced version to a Committee Substitute version, significantly changing its scope, funding amounts, and codification. The original bill provided 5% benefit increases across multiple retirement systems (firefighters, police, judges, law enforcement, teachers, and public employees), while the Committee Substitute narrows the scope to only the Oklahoma Public Employees Retirement System and reduces the benefit increase from 5% to 2%.

Scope change

The bill's scope was narrowed from covering six different retirement systems to only the Oklahoma Public Employees Retirement System.

SCOPE

The bill now only applies to the Oklahoma Public Employees Retirement System instead of six different retirement systems including firefighters, police, judges, law enforcement, teachers, and public employees.

FISCAL

The benefit increase was reduced from 5% to 2% for eligible retirees in the Oklahoma Public Employees Retirement System.

TECHNICAL

The bill's codification section was changed from Title 74 Section 930.12 (which was already used for the Public Employees Retirement System) to Title 11 Section 49-143.8 for firefighters, Title 11 Section 50-136.10 for police, Title 20 Section 1104L for judges, Title 47 Section 2-305.13 for law enforcement, and Title 70 Section 17-116.23 for teachers in the original version, but the Committee Substitute only retains the Public Employees Retirement System provision at Title 74 Section 930.12.

The bill number was changed from RBS No. 220 to RBS No. 1728, and the effective date reference in the metadata changed from 1/19/2025 to 2/27/2025.

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Feb 25, 2025

Committee

Referred to Legislative Actuary under 62 O.S., Section 3108

upper

Feb 3, 2025

Introduced

First Reading

upper

1 primary · 0 co-sponsors