Retirement; Oklahoma Pension Legislation Actuarial Analysis Act; terms; Teachers' Retirement System of Oklahoma; monthly retirement benefits; effective dates.

Summary

HB 4152 updates the Oklahoma Pension Legislation Actuarial Analysis Act by redefining key terms such as amendment, RB number, and nonfiscal retirement bill. It also modifies the number of years a person must work before qualifying for monthly retirement benefits, impacting members of state retirement systems like the Teachers' Retirement System. The changes aim to clarify legislative language and adjust eligibility criteria.

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

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