Title: Reduces Contributions to Retirement Systems for Police and Firefighters
Vote to override a veto of a bill that reduces direct contributions to retirement systems for police, firefighters, and law enforcement.
Reduces the amount paid to the Oklahoma Firefighters Pension and Retirement Fund out of the general revenue funds to 65 percent for the fiscal year 2020-2021, 45.5 percent for the fiscal year 2021-2022, and 48.75 percent for the fiscal year 2022-2023 (Sec. 1).
Reduces the amount paid to the Oklahoma Police Pension and Retirement System out of the general revenue fund to 26 percent for the fiscal year 2020-2021, 18.2 percent for the fiscal year 2021-2022, and 19.5 percent for the fiscal year 2022-2023 (Sec. 1).
Reduces the amount paid to the Law Enforcement Retirement Fund out of the general revenue fund to 9 percent for the fiscal year 2020-2021, 6.3 percent for the fiscal year 2021-2022, and 6.75 percent for the fiscal year 2022-2023 (Sec. 1).
Reduces the amount paid to the Education Reform Revolving Fund of the State Department of Education out of the general revenue fund for the fiscal year 2021-2022 to 30 percent and 25 percent for the fiscal year 2022-2023 (Sec. 1).
NOTE: A TWO-THIRDS MAJORITY OF MEMBERS ELECTED IS REQUIRED TO OVERRIDE A GOVERNOR'S VETO.
Title: Reduces Contributions to Retirement Systems for Police and Firefighters
Title: Reduces Contributions to Retirement Systems for Police and Firefighters
Vetoed by Governor Kevin Stitt
Title: Reduces Contributions to Retirement Systems for Police and Firefighters
Title: Reduces Contributions to Retirement Systems for Police and Firefighters
Title: Reduces Contributions to Retirement Systems for Police and Firefighters