Oklahoma legislation · 2026 Regular Session
Oklahoma SB1145: Oklahoma Public Employees Retirement System; authorizing benefit increase for certain retired members. Effective dates.
Status: Chaptered, April 23, 2026
What the bill says
An Act relating to the Oklahoma Public Employees Retirement System; amending 62 O.S. 2021, Section 3103, as last amended by Section 2, Chapter 361, O.S.L. 2024 (62 O.S. Supp. 2025, Section 3103), which relates to the Oklahoma Pension Legislation Actuarial Analysis Act; modifying certain definition; authorizing benefit increase for certain retired members of the Oklahoma Public Employees Retirement System; updating statutory language; providing for codification; and providing effective dates. SUBJECT: Oklahoma Public Employees Retirement System.
From the enrolled text, April 16, 2026:
An Act relating to the Oklahoma Public Employees Retirement System; amending 62 O.S. 2021, Section 3103, as last amended by Section 2, Chapter 361, O.S.L. 2024 (62 O.S. Supp. 2025, Section 3103), which relates to the Oklahoma Pension Legislation Actuarial Analysis Act; modifying certain definition; authorizing benefit increase for certain retired members of the Oklahoma Public Employees Retirement System; updating statutory language; providing for codification; and providing effective dates. SUBJECT: Oklahoma Public Employees Retirement System SECTION 1. AMENDATORY 62 O.S. 2021, Section 3103, as last amended by Section 2, Chapter 361, O.S.L. 2024 (62 O.S. Supp. 2025, Section 3103), is amended to read as follows: Section 3103. As used in the Oklahoma Pension Legislation Actuarial Analysis Act: RBS No. 3870 1. "Amendment" means any amendment, including a substitute bill, made to a retirement bill by any committee of the House of Representatives or Senate, any conference committee of the House or Senate or by the House or Senate; 2. "RB number" means that number preceded by the letters "RB" assigned to a retirement bill by the respective staffs of the Oklahoma State Senate and the Oklahoma House of Representatives when the respective staff office prepares a retirement bill for a member of the Legislature; 3. "Legislative Actuary" means the firm or entity that enters into a contract with the Legislative …