Retirement; Oklahoma Pension Legislation Actuarial Analysis Act; terms; Board of Trustees; Oklahoma Teachers' Retirement System; retirement benefit; condition; limitation; annual report; Legislative Office of Fiscal Transparency; review; codification; effective dates; emergency.
Second Reading referred to Rules
Summary
HB 3236 amends the Oklahoma Pension Legislation Actuarial Analysis Act to clarify terminology used in retirement bills, such as what constitutes a nonfiscal bill, amendment types, and benefit‑increase limits. The definitions affect how legislators draft, amend, and evaluate retirement‑related measures, especially those impacting the Teachers' Retirement System and other public retirement plans.
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