SB 182 Oklahoma Senate · 2026 Regular Session

Oklahoma Public Employees Retirement System; modifying retirement date and compensation amount for certain members.

SB 182 modifies retirement benefits for certain Oklahoma state employees, specifically members of the Oklahoma Tax Commission. It allows these employees to elect, within 90 days of appointment, to use the highest salary allowed for their position (rather than their constitutionally capped salary) when calculating retirement contributions and benefits. This change applies to both current and newly appointed Tax Commission members, making their retirement benefits based on a higher compensation amount. The bill updates related sections of the Oklahoma Public Employees Retirement System statutes to reflect this election process.

Bill status in committee 3 of 5 stages cleared

Introduction

Feb 2025

Committee Review

Feb 2026

Senate Passage

Feb 2026

House Passage

Governor

Introduced Feb 3, 2025 Last action Mar 2, 2026

Maddy AI version diff · 1 comparison

What changed between versions

Introduced → Floor (Senate) · 6 edits

MODERATE

The bill was amended to reflect committee changes and updated legislative session information, with the most significant substantive change being the addition of a new definition for 'Credited service' and expansion of the 'Beneficiary' definition to include estate provisions. The bill also updated the legislative session reference from 2025 to 2026 and added co-sponsorship by a House member.

Scope change

The bill's scope remains focused on the Oklahoma Public Employees Retirement System, but the updated 'Credited service' definition may affect how retirement benefits are calculated for certain members.

TIMELINE

Updated legislative session reference from 1st Session of the 60th Legislature (2025) to February 25, 2026 Senate Floor Version.

DEFINITION

Added new definition for 'Credited service' meaning the sum of participating service, prior service and elected service.

Expanded 'Beneficiary' definition to clarify that if no beneficiary is living at time of death, the member's estate becomes the beneficiary.

ELIGIBILITY

Added provisions for Oklahoma Tax Commission members with constitutionally limited salaries to elect using highest salary allowed for retirement contribution purposes.

REQUIREMENT

Added requirement that reappointment to same office does not permit new election for salary-based retirement benefits.

Added requirement that Tax Commission members appointed after March 21, 2001 must make election within 90 days of taking office.

Floor votes · Senate Feb 25, 2026

How they voted

23–0

Passed

Total votes 23

Feb 25, 2026

D Democratic6

6 Yea

100% Yea

R Republican17

17 Yea

100% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Feb 25, 2026

Upper · Passed

Reported Do Pass Appropriations committee; CR filed

upper

Feb 25, 2026

Senate · Passed

Senate Vote: pass (23-0)

senate

Feb 17, 2026

Committee

Referred to Appropriations

upper

Feb 17, 2026

Upper · Passed

Reported Do Pass as amended Retirement and Government Resources committee; CR filed

upper

Feb 25, 2025

Committee

Referred to Legislative Actuary under 62 O.S., Section 3108

upper

Feb 3, 2025

Introduced

First Reading

upper

2 primary · 0 co-sponsors