House Bill No. 1091, introduced by Kelley, amends the Oklahoma Firefighters Pension and Retirement System to enhance benefits and clarify pension provisions for firefighters. Key changes include a new definition of "Contributions," which now explicitly excludes payments for repurchasing credited service, transferring credited service from other retirement systems, or purchasing military service credit. The bill modifies death benefit provisions to ensure that contributions from deceased firefighters without surviving beneficiaries are returned to their estates under specific conditions. Additionally, it allows members to make repayments for credited service and purchase military service credit, with the State Board directed to establish rules for these changes.

The bill also introduces amendments regarding the distribution of pension benefits to surviving spouses and children, allowing for waivers of monthly pension payments and ensuring benefits for disabled children. It outlines the process for members who terminate service before retirement to receive refunds of their contributions and modifies rules for purchasing transferred credited service, including an increase in the interest rate on repayments from five percent to ten percent. Furthermore, it establishes a maximum limit of thirty years of credited service and allows members to amortize the purchase price of certain benefits over a period not exceeding sixty months. The bill declares an emergency, indicating its immediate effect upon passage to ensure public safety and welfare.