STATE OF OKLAHOMA

2nd Session of the 54th Legislature (2014)

HOUSE BILL 3046	By:	Shannon

AS INTRODUCED

An Act relating to public retirement systems; enacting the Oklahoma Public Pension Plan Modification Act of 2014; providing for noncodification; providing an effective date; and declaring an emergency.

BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1.     NEW LAW     A new section of law not to be codified in the Oklahoma Statutes reads as follows:
This act shall be known and may be cited as the “Oklahoma Public Pension Plan Modification Act of 2014”.
SECTION 2.  This act shall become effective July 1, 2014.
SECTION 3.  It being immediately necessary for the preservation of the public peace, health and safety, an emergency is hereby declared to exist, by reason whereof this act shall take effect and be in full force from and after its passage and approval.

54-2-8633	MAH	01/16/14

Thomas E. Cummins Consulting Actuary, Inc.                        
2512 E. 71st Street, Suite D                                           (918)492.9658   Fax (918)492.9659
Tulsa, OK 74136

January 16, 2014

Speaker T.W. Shannon
Room No. 401

Re: RBH No. 8633    

RBH No. 8633 creates the Oklahoma Public Pension Plan Modification  Act of 2014.

RBH No. 8633 is a nonfiscal retirement bill as defined by the Oklahoma Pension Legislation Actuarial Analysis Act.

Thomas E. Cummins
Thomas E. Cummins, MAAA