Pension Change Bill Clears House Committee

HB2630 passed out the house Economic Development and Financial Services Committee today. It now moves on to the house of representatives for consideration. This bill will put new state employees in the OPERS system, hired after a future, into a defined contribution plan instead of the current defined benefit plan. Current employees and retirees remain in the current OPERS defined benefit plan. Hazardous duty employees in the OPERS system will also be excluded from the defined contribution plan.

OPEA members and staff continue to tell lawmakers that it is critical that state leaders concentrate on improving state employee pay this session. We request salary improvements be made this session as was recommended by Gov. Fallin’s compensation study. State employees continue to provide services to our state despite being underpaid.


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