Retirement; Public Employees Deferred Option Plan; participation; service credit; contributions; distributions; procedures; effective dates.

Summary

HB 1268 amends the Oklahoma Pension Legislation Actuarial Analysis Act to add definitions and to authorize certain licensed emergency workers to participate in the Public Employees Deferred Option Plan. The change affects public‑sector employees and emergency responders by giving them access to a retirement savings option that lets contributions be deferred. It aims to broaden retirement benefits for a wider group of state workers.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share