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SB174 • 2026

Teachers' Retirement System of Oklahoma; providing for benefits increase.

Teachers' Retirement System of Oklahoma; providing for benefits increase.

Education
Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Pederson
Last action
2025-02-25
Official status
Referred to Legislative Actuary under 62 O.S., Section 3108
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Teachers' Retirement System of Oklahoma; providing for benefits increase.

Teachers' Retirement System of Oklahoma; providing for benefits increase.

What This Bill Does

  • Teachers' Retirement System of Oklahoma; providing for benefits increase.
  • Bill Summaries/Fiscal Impact for SB 174 (Senate): Introduced (12/30/2024) Bill Summaries/Fiscal Impact for SB 174 (Senate): Committee Substitute (2/25/2025) OPLAA Actuarial Statements For SB 174 (Senate): SB174 INT AO.PDF (OPLAA (Senate)) OPLAA Actuarial Statements For SB 174 (Senate): SB174 CS AO.PDF (OPLAA (Senate)) OPLAA Actuarial Statements For SB 174 (Senate): SB174 CS FI.PDF (OPLAA (Senate))

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

Filed

Plain English: RBS No.

  • RBS No.
  • 1729 Req.
  • No.
  • 1729 Page 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 STATE OF OKLAHOMA 1st Session of the 60th Legislature (2025) COMMITTEE SUBSTITUTE FOR SENATE BILL NO.

Bill History

  1. 2025-02-25 Senate

    Coauthored by Representative Townley (principal House author)

  2. 2025-02-25 Senate

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

  3. 2025-02-04 Senate

    Second Reading referred to Retirement and Government Resources Committee then to Appropriations Committee

  4. 2025-02-03 Senate

    First Reading

  5. 2025-02-03 Senate

    Authored by Senator Pederson

Official Summary Text

Teachers' Retirement System of Oklahoma; providing for benefits increase.
Bill Summaries/Fiscal Impact for SB 174 (Senate): Introduced (12/30/2024)
Bill Summaries/Fiscal Impact for SB 174 (Senate): Committee Substitute (2/25/2025)
OPLAA Actuarial Statements For SB 174 (Senate): SB174 INT AO.PDF (OPLAA (Senate))
OPLAA Actuarial Statements For SB 174 (Senate): SB174 CS AO.PDF (OPLAA (Senate))
OPLAA Actuarial Statements For SB 174 (Senate): SB174 CS FI.PDF (OPLAA (Senate))

Current Bill Text

Read the full stored bill text 
RBS No. 1729

Req. No. 1729 Page 1
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STATE OF OKLAHOMA

1st Session of the 60th Legislature (2025)

COMMITTEE SUBSTITUTE
FOR
SENATE BILL 174 By: Pederson

COMMITTEE SUBSTITUTE

An Act relating to Teachers’ Retirement System of
Oklahoma; providing for benefits increase; and
providing for codification.

BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1. NEW LAW A new section of law to be codified
in the Oklahoma Statutes as Section 17-116.23 of Title 70, unless
there is created a duplication in numbering, reads as follows:
Any person receiving benefits from the Teachers’ Retirement
System of Oklahoma as of June 30, 2025, who continues to receive
benefits on or after the effective date of this act shall receive a
two percent (2%) increase in benefits.

60-1-1729 RD 2/27/2025 9:32:54 AM