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.
SB 174 increases retirement benefits for Oklahoma teachers currently receiving payments from the Teachers’ Retirement System as of June 30, 2025. It provides a 0% increase for retirees with less than two years of retirement, 2% for those retired two to five years, and 4% for retirees with five or more years of retirement as of that date. The bill directly affects current retirees based on their retirement duration, not new retirees. Benefits are calculated as of June 30, 2025, and apply to those continuing to receive payments after the law takes effect. The bill codifies this benefit structure into Oklahoma Statutes.
SB 10 would increase retirement benefits for Oklahoma Public Employees Retirement System (OPERS) retirees. It requires a 5% benefit increase for any current OPERS recipient still receiving payments as of June 30, 2025, and continuing to receive benefits after the bill's effective date. The bill directly affects existing OPERS retirees who meet the June 30, 2025 eligibility date. The policy change is a straightforward percentage adjustment to ongoing retirement payments, with no additional eligibility requirements specified.
HB 1335 sets conditions for retirement benefit increases for retirees in seven Oklahoma public pension systems (including Firefighters, Police, Judges, Law Enforcement, Teachers, and Public Employees). It requires a 4% benefit increase for eligible retirees if the retirement system's funded ratio (assets relative to liabilities) remains at least 80% after the increase; otherwise, a 2% increase applies. The bill takes effect November 1, 2025, and applies to retirees not receiving benefits under specific prior provisions. It does not create new benefits but ties increases to the financial health of each retirement fund.
HB 1986 increases retirement benefits by 2% for eligible retirees in six Oklahoma public pension systems: Firefighters, Police, Judges, Law Enforcement, Teachers, and Public Employees. The benefit increase applies to those receiving payments as of June 30, 2025, and continuing after July 1, 2025, with specific calculations based on years of service (up to 30 years). The bill codifies these changes and takes effect November 1, 2025. It does not affect retirees whose benefits were already adjusted under prior provisions.
HB 1904 increases retirement benefits for certain Oklahoma teachers. It provides a 50% automatic benefit increase starting July 2025 to retirees who, at the time of retirement, had their maximum compensation level capped at $25,000 for calculating retirement benefits. This applies specifically to those receiving Teachers' Retirement System benefits as of June 30, 2025, and continuing after July 1, 2025. The change takes effect July 1, 2025, as specified in the bill.
SB 11 would increase retirement benefits for Oklahoma teachers currently receiving payments from the Teachers’ Retirement System as of June 30, 2025. Specifically, it mandates a 5% automatic benefit increase for all eligible retirees who continue to receive payments after the bill’s effective date. This policy change directly affects current retirees in the system, providing them with higher monthly payments without requiring additional applications. The bill codifies this increase into Oklahoma Statutes under Section 17-116.23 of Title 70.
SB 1149 allocates $100,000 from Oklahoma's General Revenue Fund to the Department of Transportation for the 2025-2026 fiscal year to fulfill its existing legal duties. The bill directly affects the Oklahoma Department of Transportation by providing funding for its operational needs. It declares an emergency to allow immediate implementation upon approval, bypassing standard budget timelines. This is a routine funding measure with no new policy provisions or direct impact on residents or businesses.
HB 1258 creates a new defined contribution retirement plan for Oklahoma teachers hired on or after November 1, 2024. Teachers must make a one-time irrevocable election to join this plan, which replaces the existing defined benefit system for them; those who don’t elect it default to the current retirement system. Employees contribute a mandatory minimum of 4.5% of salary, with employers matching 6% (increasing to 7% if employees contribute more), all managed in tax-qualified retirement accounts. The plan prevents accrual of service credits under the old system, and participation is binding for all future service with participating employers.
SB 1144 appropriates $100,000 from unallocated state funds to the Office of Management and Enterprise Services (OMES) for fiscal year 2026. This funding is specifically for OMES to carry out its existing legal duties related to state government operations. The bill includes an emergency declaration, making it effective immediately upon approval to address urgent needs. It directly affects OMES by providing resources for its core administrative functions without changing existing laws or creating new policies.
