Public retirement systems; 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; death benefit amount; effective date.
HB 1237 increases death benefits for survivors of public employees in Oklahoma's major retirement systems (including firefighters, police, judges, teachers, and state employees). It raises the death benefit from $5,000 to $10,000 for members who die on or after July 1, 1999, while maintaining the $4,000 benefit for those who died before that date. The bill also establishes a streamlined process allowing direct payments to heirs without court probate, provided claimants submit required documents like heirship affidavits and proof of funeral expenses. This change applies uniformly across all specified retirement systems and takes effect upon enactment.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 3, 2025
Last action Feb 19, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
5
Key actions
0
Committee
2
Feb 19, 2025
Committee
Referred to Actuary pursuant to the Oklahoma Pension Legislation Actuarial Analysis Act
lower
Feb 4, 2025
Committee
Referred to Banking, Financial Services and Pensions
lower
Feb 3, 2025
Introduced
First Reading
lower
2 primary · 0 co-sponsors
Sponsors
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