| HB 1005 | Cost-of-Living Increase
Makes permanent the cost-of-living increase retirees received in 1998. Does not provide an additional increase for 1999. |
| | Status: Governor signed 5/13/1999 |
| HB 1428 | Matching Tax-Sheltered Annuity Contributions
Provides $25 in matching contribution to tax-sheltered annuity accounts of TRS members contributing at least $25 per month to their TSA accounts. No funds have been appropriated and the program will not begin until funds are provided by the State. |
| | Status: Governor signed 5/21/1999 |
| HB 1510 | Appropriations to Fund TRS Accounts
Makes appropriations to the State Department of Education and State Department of Vocational Education to fund the State's payment to Teachers' Retirement accounts. |
| | Status: Governor signed 5/27/1999 |
| HB 1574 | TRS to Receive Percentage of State Income Tax and Sales Tax
TRS would receive 3.54% of the State income tax and sales tax. Would replace State appropriation form general funds. |
| | Status: Governor signed 5/27/1999 |
| HB 1579 | Increase in Number of Full-Time TRS Employees
Allows TRS to increase number of full-time employees from 40 to 46. |
| | Status: Governor signed 6/04/1999 |
| HB 1588 | Eligibility for Health Insurance Coverage and Purchase of Life Insurance
Addresses eligibility for health insurance coverage, as well as the purchase of life insurance by retirees. |
| | Status: Governor signed 5/27/1999 |
| HB 1814 | Amendment of 70 O.S. 1998, Sections 17-109 and 17-116.2
Amends 70 O.S. 1998, Sections 17-109 and 17-116.2:
1. Allows offset of member's benefit to pay judgment or settlement against member for a crime involving the System, for breach of the member's fiduciary duty to the system, or for funds or monies incorrectly paid to a member or a beneficiary by mistake.
2. Requires contributions, benefits and service credit for qualified military service be provided according to Section 414(u) of the Internal Revenue Code. |
| | Status: Governor signed 5/27/1999 |
| SB 0161 | Appropriation of Funds from State's General Revenue Fund
$135,828,803.00 appropriation to TRS from State's General Revenue Fund for FY- 2000. May be repealed by HB1574. |
| | Status: Governor signed 4/08/1999 |
| SB 0272 | Continuation of Life Insurance Coverage for State & Education Employees Group Insurance
Authorizes retiring education employees and their spouses enrolled in State & Education Employees Group Insurance 30 days to continue up to 75% of their life insurance coverage or elect by Jan. 1, 2000, to purchase a maximum of $50,000 life insurance coverage. |
| | Status: Governor signed 5/25/1999 |
| SB 0361 | Modification of Contributions Made by Employees Paid by Federal or "Externally Sponsored" Funds
Modifies way contributions to TRS are made for members whose salaries are paid by federal funds, or "externally sponsored" agreements including grants, contracts and cooperative agreements. Requires the TRS Board of Trustees to set employers' annual rate for these contributions before April 1 of each year. |
| | Status: Governor signed 6/10/1999 |
| SB 0504 | Increase in Post-Retirement Earnings Cap for TRS Members
Raises to $25,000 the cap on post-retirement earning for retired TRS members who have been retired for at least 36 months and are employed to teach at a public school in Oklahoma. |
| | Status: Governor signed 6/10/1999 |
| SB 0602 | Modification of Salary Caps for Contribution by OU/OSU Employees
Extends duration and changes amounts of salary caps for contribution by OU/OSU employees who joined TRS before July 1995. |
| | Status: Governor signed 4/19/1999 |
