Retirement; Oklahoma Pension Legislation Actuarial Analysis Act; terms; Oklahoma Law Enforcement Retirement System; line of duty death; spouse benefits; lifetime; effective dates.

Summary

The bill updates the Oklahoma Pension Legislation Actuarial Analysis Act by adding clear definitions for terms like amendment, non‑fiscal bill, and legislative actuary. It also changes how certain benefits—such as line‑of‑duty death payments, spouse survivor benefits, and remarriage payments for law‑enforcement retirees—are calculated and administered. These changes are intended to standardize pension administration and protect beneficiaries.

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

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