Bill No. 1730 amends Section 914 of the Oklahoma Public Employees Retirement System to modify post-retirement provisions. The bill establishes that a retired court reporter is not eligible for rehire for a period of sixty days after ending employment with their former employer unless they waive their retirement benefits and return as a bona fide employee. Additionally, it clarifies that any member who retires before their normal retirement date must have completed ten years of participating service and outlines the percentage of normal retirement benefits based on the member's age at retirement.

The bill also stipulates that members may be employed beyond their normal retirement date but cannot receive retirement pay while still employed. It requires participating employers to provide specific information regarding retiring members and holds them responsible for any errors that may disqualify retirement eligibility. The act is set to become effective on November 1, 2025.