Oklahoma Public Employees Retirement System; allowing participating employers to enter into certain agreement for certain purpose. Effective date. Emergency.

Summary

The bill amends the Oklahoma Pension Legislation Actuarial Analysis Act to revise definitions and expressly permits participating employers to enter into agreements for purposes tied to the Public Employees Retirement System. It affects state and local government employers, the retirement system, and its members by clarifying how such agreements can be used. The measure is designated an emergency and is awaiting a floor vote in the Senate.

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

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