Oklahoma, www.OK.gov
Home

Skip Nav Skip to Search
FAQs  |  Contact



get adobe reader

2006 Teachers' Retirement System Legislation


You can access the most recent full text of each measure from the Oklahoma Legislature's home page.

Regular Session

 

Senate Bill 1894 was the only TRS-related measure sent to the Governor during the Regular Session. It became effective 7/1/2006.

It provides:

 

1.   Any legislation with a fiscal impact on a retirement plan must be introduced in the first legislative session and cannot be passed until the second legislative session.

2.   Any measure with a fiscal impact must be assigned to the State Auditor and Inspector and an actuarial impact statement provided before the Legislature acts on the measure.

2006 Special Session

 

The Governor signed the following TRS-related measures from the Special Session:

 

HB1179XX:     Education Employees Service Incentive Plan (EESIP), also called "Wear-Away".

                      More information about this measure is available at EESIP (Wear-Away) Provisions

                     

SB 3XX:         Transfers funds from the State Department of Education to TRS.

SB 80XX:        Transfers $5,886,675.00 from the Oklahoma Education Lottery Trust Fund to TRS.