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, teachers, and general public employees. This applies to those receiving benefits as of June 30, 2025, and continuing to receive them after the bill's effective date (July 1, 2026). The bill includes offset provisions for certain pre-1981 retirees: their increases may be partially reduced based on changes to firefighter or police officer base salaries. The policy directly affects current retirees in these specific systems without altering the core benefit structure for most recipients.