Oklahoma Pension Legislation Actuarial Analysis Act; definition; Oklahoma Public Employees Retirement System; definitions; term; effective dates.

Summary

HB 3683 amends Oklahoma Statutes to add precise definitions for words like “Amendment,” “RB number,” “Legislative Actuary,” and various types of retirement bills. The definitions clarify what counts as a non‑fiscal amendment or bill, how reductions in cost are measured, and how certain benefits may be adjusted. This helps lawmakers and actuaries apply consistent rules to pension reforms.

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

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