Public retirement systems; Oklahoma Firefighters Pension and Retirement System; Oklahoma Police Pension and Retirement System; Uniform Retirement System for Justices and Judges; Oklahoma Law Enforcement Retirement System; Teachers' Retirement System of Oklahoma; Oklahoma Public Employees Retirement System; death benefit amount; effective date.
HB 1237 increases death benefit payments for families of deceased members in several Oklahoma public retirement systems. For members who died before July 1, 1999, the benefit remains $4,000; for those dying on or after that date, it rises to $5,000 or $10,000. The bill also streamlines probate by allowing direct payments to heirs if they submit required documents (like heirship affidavits and written agreements), bypassing court procedures. This affects families of firefighters, police officers, judges, teachers, and other public employees covered by the specified retirement systems. The changes apply to death benefits paid under the Oklahoma Firefighters, Police, Judges, Teachers', and Public Employees Retirement Systems.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 3, 2025
Last action Feb 19, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
5
Key actions
0
Committee
2
Feb 19, 2025
Committee
Referred to Actuary pursuant to the Oklahoma Pension Legislation Actuarial Analysis Act
lower
Feb 4, 2025
Committee
Referred to Banking, Financial Services and Pensions
lower
Feb 3, 2025
Introduced
First Reading
lower
2 primary · 0 co-sponsors
Sponsors
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