Public retirement systems; directing the Oklahoma Firefighters Pension and Retirement Board and Oklahoma Police Pension and Retirement Board to issue certain stipend. Effective dates.

The header information was updated to reflect the 2nd Session of the 60th Legislature (2026) and revised the list of sponsors to include representatives from the House (Caldwell, Kane) and Senate (Hall, Haste).

Formatting and line breaks were adjusted throughout the text, including the reorganization of the 'tweener' definition and stipend provisions for both pension systems.

The document structure was altered to include page headers and footers typical of a Committee Substitute, replacing the original 'Enrolled' designation.

The list of House sponsors was updated to include Turner, Marti, Dollens, Wolfley, Manger, and Deck, who were not listed in the previous version.

All provisions regarding $100,000 in funding for the Department of Transportation were deleted.

New eligibility criteria were created for 'tweeners' in the Firefighters and Police pension systems, defined as members with less than 20 years of service who retired before specific dates in the 1980s.

A new one-time payment of $25,000 was established for eligible retirees in both the Firefighters and Police systems, payable by October 31, 2026.

The definitions for the Oklahoma Pension Legislation Actuarial Analysis Act were updated to include new terms like 'RB number' and 'Nonfiscal amendment'.