STATE OF OKLAHOMA

1st Session of the 54th Legislature (2013)

SENATE BILL 731	By:	Jolley

AS INTRODUCED

An Act relating to retirement; amending 74 O.S. 2011, Section 903, which relates to the Oklahoma Public Employees Retirement System; clarifying language; and providing an effective date.

BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1.     AMENDATORY     74 O.S. 2011, Section 903, is amended to read as follows:
Section 903.  There is hereby created the Oklahoma Public Employees Retirement System, which shall be a body corporate and an instrumentality of the State of Oklahoma.  The system shall be vested with the powers and duties specified in this act Section 901 et seq. of this title and such other powers as may be necessary to enable it, its officers, employees, and agents to carry out fully and effectively the purposes and intent of this act Section 901 et seq. of this title.
SECTION 2.  This act shall become effective November 1, 2013.

54-1-1332	GL	1/16/2013 8:23:45 PM