HB 2193 Oklahoma House · 2025 Regular Session

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.

HB 2193 adjusts cost-of-living increases for retirees in seven Oklahoma public pension systems (firefighters, police, judges, law enforcement, teachers, and general public employees). It provides tiered annual increases of 4% (for pre-2018 retirees), 2% (2018-2023 retirees), or 0% (post-2023 retirees) on the first $60,000 of their annual retirement income, effective July 1, 2026. The bill replaces prior COLA rules and offsets any previous increases from repealed sections. It directly affects current retirees in these systems who will see adjusted benefit payments based on their retirement date.

Bill status died 1 of 4 stages cleared

Introduction

Feb 2025

Committee Review

Floor Vote

Governor

Introduced Feb 3, 2025 Last action Feb 19, 2025

Maddy AI version diff · 2 comparisons

What changed between versions

Proposed Policy Committee Substitute 1 → Proposed Policy Committee Substitute 2 · 4 edits

MODERATE

The bill was revised to update the legislative document's formatting and numbering, add a new amendment section, and modify the effective date for cost-of-living increases in Oklahoma's public retirement systems. The substantive policy content regarding benefit increases remains largely the same, but the document structure was changed to include a new 'Proposed Policy Committee Substitute 2' version with updated tracking numbers.

Scope change

The bill's scope remains focused on cost-of-living increases for members of six Oklahoma public retirement systems, but the document now includes additional formatting and tracking information.

TECHNICAL

Updated document tracking numbers from RBH No. 12674 to RBH No. 12733 and changed the version from POLPCS1 to POLPCS2.

Added a new 'Proposed Policy Committee Substitute' section header that was not present in the previous version.

Reorganized the bill's section numbering and formatting to improve clarity and consistency with legislative document standards.

TIMELINE

The effective date for cost-of-living increases remains July 1, 2026, but the document structure was reorganized to better align with legislative formatting standards.

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Feb 19, 2025

Committee

Referred to Actuary pursuant to the Oklahoma Pension Legislation Actuarial Analysis Act

lower

Feb 17, 2025

Committee

Referred to Banking, Financial Services and Pensions

lower

Feb 17, 2025

Committee

Referred to Government Oversight

lower

Feb 5, 2025

Committee

Referred to Rules

lower

Feb 4, 2025

Committee

Referred to Banking, Financial Services and Pensions

lower

Feb 3, 2025

Introduced

First Reading

lower

1 primary · 0 co-sponsors