Okla. Stat. tit. 11, § 11-49-143.7
This is the official text of Okla. Stat. tit. 11, § 11-49-143.7, part of Oklahoma’s Stat. tit. 11, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 11,." Browse the sections below, each linked to its official government source.
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Increase in benefits – July 1, 2020 - Offset
Official statutory text
A. Except as provided in subsection B of this section and
except for persons receiving benefits pursuant to Section 49-101 of
Title 11 of the Oklahoma Statutes, effective July 1, 2020, any
person receiving benefits from the Oklahoma Firefighters Pension and
Retirement System as of June 30, 2019, who continues to receive
benefits on or after July 1, 2020, shall receive an increase in
benefits as follows:
1. Zero percent (0%) if the person has been retired for less
than two (2) years as of July 1, 2020;
2. Two percent (2%) if the person has been retired for at least
two (2) years but less than five (5) years as of July 1, 2020; and
3. Four percent (4%) if the person has been retired for five
(5) years or more as of July 1, 2020.
B. Any increase in benefits a person is eligible to receive
pursuant to repealed Section 49-136 of Title 11 of the Oklahoma
Statutes after June 30, 2008, shall be used to offset the increase
in benefits provided in subsection A of this section.
C. Effective July 1, 2020, any person receiving benefits
pursuant to Section 49-101 of Title 11 of the Oklahoma Statutes
shall each receive:
Oklahoma Statutes - Title 11. Cities and Towns Page 606
1. No increase from the amount listed in subsection C of
Section 49-143.6 of Title 11 of the Oklahoma Statutes, which is
Seven Dollars and fifty-three cents ($7.53) per year of credited
service, not to exceed thirty (30) years of service, if the person
has been retired for less than two (2) years as of July 1, 2020;
2. An increase in benefits of two percent (2%) to Seven Dollars
and sixty-eight cents ($7.68) per year of credited service, not to
exceed thirty (30) years of service, if the person has been retired
for at least two (2) years but less than five (5) years as of July
1, 2020; and
3. An increase in benefits of four percent (4%) to Seven
Dollars and eighty-three cents ($7.83) per year of credited service,
not to exceed thirty (30) years of service, if the person has been
retired for five (5) years or more as of July 1, 2020.
except for persons receiving benefits pursuant to Section 49-101 of
Title 11 of the Oklahoma Statutes, effective July 1, 2020, any
person receiving benefits from the Oklahoma Firefighters Pension and
Retirement System as of June 30, 2019, who continues to receive
benefits on or after July 1, 2020, shall receive an increase in
benefits as follows:
1. Zero percent (0%) if the person has been retired for less
than two (2) years as of July 1, 2020;
2. Two percent (2%) if the person has been retired for at least
two (2) years but less than five (5) years as of July 1, 2020; and
3. Four percent (4%) if the person has been retired for five
(5) years or more as of July 1, 2020.
B. Any increase in benefits a person is eligible to receive
pursuant to repealed Section 49-136 of Title 11 of the Oklahoma
Statutes after June 30, 2008, shall be used to offset the increase
in benefits provided in subsection A of this section.
C. Effective July 1, 2020, any person receiving benefits
pursuant to Section 49-101 of Title 11 of the Oklahoma Statutes
shall each receive:
Oklahoma Statutes - Title 11. Cities and Towns Page 606
1. No increase from the amount listed in subsection C of
Section 49-143.6 of Title 11 of the Oklahoma Statutes, which is
Seven Dollars and fifty-three cents ($7.53) per year of credited
service, not to exceed thirty (30) years of service, if the person
has been retired for less than two (2) years as of July 1, 2020;
2. An increase in benefits of two percent (2%) to Seven Dollars
and sixty-eight cents ($7.68) per year of credited service, not to
exceed thirty (30) years of service, if the person has been retired
for at least two (2) years but less than five (5) years as of July
1, 2020; and
3. An increase in benefits of four percent (4%) to Seven
Dollars and eighty-three cents ($7.83) per year of credited service,
not to exceed thirty (30) years of service, if the person has been
retired for five (5) years or more as of July 1, 2020.
Status: repealed · Read it on the official government site
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