This bill amends the existing longevity pay plan for state employees in Oklahoma, specifically updating the payment amounts based on years of service. The new schedule increases the annual longevity payments significantly across various service milestones, with amounts rising from $250 to $3,000 for employees with two to twenty years of service. Additionally, for every two years of service beyond twenty years, the payment increases from $200 to $300. The bill also clarifies eligibility criteria for longevity pay, including provisions for part-time employees and those with breaks in service due to reductions in force.

Furthermore, the bill updates statutory language and references, ensuring that the longevity pay plan is consistent across different state agencies, including the Oklahoma Conservation Commission. It specifies that employees who are terminated due to a reduction-in-force or who retire will receive a proportionate share of any accrued longevity payment. The effective date for these changes is set for July 1, 2026.