§74-840-1.6B. Reduction or realignment of state employee benefits.

74 OK Stat § 74-840-1.6B (2019) (N/A)
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State employee benefits will not be reduced or realigned by action or enactments of the Legislature until additional appropriations of Sixty Million Dollars ($60,000,000.00) or more are approved for targeted pay raises based on the annual compensation report described in paragraph 5 of Section 840-1.6A of Title 74 of the Oklahoma Statutes. The provisions of this section shall not restrict modifications to an existing defined benefit plan or the implementation of a new retirement system or plan for state employees which is considered outside the scope of this section.

Added by Laws 2014, c. 377, § 2, eff. Nov. 1, 2014.