Oklahoma SB 453: Oklahoma Firefighters Pension and Retirement System; increasing monthly benefit for volunteer firefighters; modifying compensation determination.
Status: Remove as author Senator Montgomery; authored by Senator Garvin (as of 2023-07-25)
State: Oklahoma · Session: 2023 · Bill: SB 453
Sponsors: Garvin
Bill Text
RBS No. 1848 Req. No. 1848 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 59th Legislature (2023) COMMITTEE SUBSTITUTE FOR SENATE BILL NO. 453 By: Montgomery COMMITTEE SUBSTITUTE An Act relating to the Oklahoma Firefighters Pension and Retirement System; amending 11 O.S. 2021, Sections 49-101 and 49-101.2, as amended by Sections 3 and 4, Chapter 232, O.S.L. 2022 (11 O.S. Supp. 2022, Sections 49-101 and 49-101.2), which relate to volunteer firefighter pension amounts; modifying volunteer firefighter pension amount; and modifying compensation determination. BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. AMENDATORY 11 O.S. 2021, Section 49-101, as amended by Section 3, Chapter 232, O.S.L. 2022 (11 O.S. Supp. 2022, Section 49-101), is amended to read as follows: Section 49-101. A. All retired volunteer firefighters who qualify for retirement shall be entitled to a monthly pension. The monthly pension of a volunteer firefighter who retires prior to the effective date of this act shall be in the amount retired volunteer firefighters are receiving at the time the volunteer firefighter begins to receive a pension for each year of credited service not to RBS No. 1848 Req. No. 1848 Page 2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 exceed thirty (30) years. Volunteer firefighters who retire on and after the effective date of this act shall receive a monthly pension in the amount of Ten Dollars ($10.00) for each year of credited service not to exceed thirty (30) years. In determining the number of years of credited service, a fractional year of six (6) months or more shall be counted as one (1) full year and a fractional year of less than six (6) months shall not be counted in such determination. Retired volunteer firefighters of a municipality shall receive a pension of not less than that which retired volunteer firefighters of such municipality were receiving on June 30, 1985. B. A volunteer firefighter who terminates service after completing ten (10) years of credited service, but less than twenty (20) years of credited service, shall be entitled to receive a vested benefit commencing on the date the firefighter reaches fifty (50) years of age or the date the firefighter would have had twenty (20) years of credited service had the firefighter’s service continued uninterrupted, whichever is later. The monthly amount of such retirement benefit shall be the amount being paid to volunteer firefighters at the time the member vests multiplied by the number of years of credited service. Credited service must be established at the time of the volunteer firefighter’s termination. If a volunteer firefighter who terminated employment and elected, or was eligible to elect, a vested benefit dies prior to being eligible to receive benefits, the volunteer firefighter’s beneficiary, as RBS No. 1848 Req. No. 1848 Page 3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 defined in paragraph 16 of Section 49-100.1 of this title, shall be entitled to the volunteer firefighter’s normal monthly retirement benefit on the date the deceased volunteer firefighter would have been eligible to receive the benefit. SECTION 2. AMENDATORY 11 O.S. 2021, Section 49-101.2, as amended by Section 4, Chapter 232, O.S.L. 2022 (11 O.S. Supp. 2022, Section 49-101.2), is amended to read as follows: Section 49-101.2. Any member serving as an active volunteer firefighter who receives annual compensation from the fire department the firefighter is enrolled in as a member of the Oklahoma Firefighters Pension and Retirement System for services related to firefighting, other than reimbursement of expenses in excess of five and one-half (5 1/2) times the annual pension benefit paid by the System to a retired volunteer firefighter with twenty (20) years credited service Nine Thousand Nine Hundred Thirty-nine Dollars and sixty-nine cents ($9,939.69), shall be considered a paid firefighter and must meet the physical and agility requirements pursuant to Section 49-116 of this title to continue as an active member of the System. Credited service earned as a paid firefighter pursuant to this section shall not be considered actual experience as a paid firefighter for purposes of meeting the qualifications of a paid fire chief as provided in Section 29-102 of this title. No fire department of a participating municipality shall employ a RBS No. 1848 Req. No. 1848 Page 4 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 volunteer firefighter from another fire department to perform services relating to firefighting for any compensation of any kind. 59-1-1848 RD 2/13/2023 10:02:13 AM
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