Public retirement systems; cost-of-living increases; Oklahoma Firefighters Pension and Retirement System; Oklahoma Police Pension and Retirement System; Uniform Retirement System for Justices and Judges; Oklahoma Law Enforcement Retirement System; Teachers' Retirement System of Oklahoma; Oklahoma Public Employees Retirement System; codification; effective date.

This bill proposes a two percent increase in benefits for members of several Oklahoma public retirement systems, effective July 1, 2025. These systems include those for firefighters, police, justices and judges, law enforcement, teachers, and public employees. The increase may be offset by other benefit increases some members are eligible to receive.

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