This bill proposes an increase in benefits for individuals receiving payments from the Oklahoma Law Enforcement Retirement System. Specifically, it stipulates that any person who is receiving benefits as of June 30, 2025, and continues to do so after the effective date of the act, will receive a five percent (5%) increase in their benefits.

However, the bill includes a provision that any increase in benefits that a person may be eligible for under certain subsections of the existing law will be offset by the five percent increase provided in this new section. This means that while beneficiaries will see an increase, it may be reduced by any other increases they qualify for under the existing law.