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Oklahoma Legislators
www.lsb.state.ok.us/

 

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OREA Legislative Hotline
(405) 525-2230
800-310-2230

 

2010 Legislative Goals

  • Teachers' Retirement System cost of living adjustment (COLA) comparable to other Oklahoma state retirement systems (4% in recent years)

  • Amend Oklahoma pension statutes to make the TRS assumed COLA rate equal to other Oklahoma state retirement systems

  • Provide a one-time "catch up" benefits improvement to qualifying retired educators living at or below the poverty level and who meet years of service criteria

  • Minimum $100 per month increase in the state health insurance premium subsidy for retired educators

  • Maintain legislative commitment to annual supplemental funding for TRS

  • Protect and expand existing TRS funding sources, and secure new ones

  • Protect the TRS defined benefit plan design

  • Protect the state's revenue base and preserve essential government services through opposition to tax cuts

  • Provide for designated OREA representatives on the TRS Board of Trustees

  • Support adequate state funding for public education at all levels

  • Increase from $5,000 to $7,500 the death benefit payable to beneficiaries of retired educators (added by Board of Directors)