This bill amends the Oklahoma Pension Actuarial Analysis Act and the Oklahoma Law Enforcement Retirement System to expand eligibility for retirement benefits to active commissioned or CLEET-certified officers hired by the Office of the State Fire Marshal. It introduces a new definition for "nonfiscal retirement bill," which now includes provisions for computing service-connected disability retirement benefits for these officers. The legislation also modifies the definition of "Noneligible Member" within the Oklahoma Public Employees Retirement System to encompass the newly included officers, ensuring they are recognized as participants in the Oklahoma Law Enforcement Retirement System.
Additionally, the bill removes the effective date for certain provisions related to the hiring of officers by the Office of the Attorney General or the Military Department of the State of Oklahoma. The new provisions will take effect on October 1, 2025, for Section 1, while Sections 2 and 3 will become effective on November 1, 2025. Overall, the legislation aims to enhance retirement benefits and eligibility criteria for law enforcement personnel in Oklahoma, allowing for greater participation in the retirement system for specific roles within the state.
Statutes affected: Introduced: 62-3103