Tag: Pensions

No hike for state pensions until a study is done in 2020

April 25, 2019

The Senate Retirement and Insurance Committee will study a House bill that would provide a 2 percent cost-of-living adjustment for state pension retirees contingent on the outcome of an actuarial review of the pension systems. Sen. Dewayne Pemberton, R-Muskogee, wrote House Bill 2304, making sure the bill followed the Oklahoma Pension Legislation Actuarial Analysis Act…

Task force to study retiree COLAs

April 4, 2019

President Pro Tempore Greg Treat appointed seven senators – including Sen. Gary Stanislawski, R-Tulsa – to serve on a pension group to study long-term pension reform as well as make recommendations to his office on pending pension reform legislation. Pending in the Senate is a House bill that would provide a 4 percent cost-of-living adjustment…