The 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 receive them after the bill's effective date will receive a two percent (2%) increase in their benefits. This increase is intended to provide additional financial support to law enforcement retirees.

However, the bill includes a provision that any increase in benefits that a person may be eligible for under certain subsections of the Oklahoma Statutes will be offset by the two percent increase provided in this bill. This means that while retirees will see an increase, it may be reduced if they qualify for other benefit increases under existing law. The new law will be codified as Section 2-305.13 of Title 47 in the Oklahoma Statutes.