Oklahoma Senate OKs Firefighter Pension Changes - KSWO 7News | Breaking News, Weather and Sports

Oklahoma Senate OKs Firefighter Pension Changes

OKLAHOMA CITY (AP) - A bill designed to shore up the unfunded liability of the Oklahoma's pension system for firefighters has sailed through the state Senate.

The full Senate voted 43-0 Tuesday for the bill that makes several major changes to the Oklahoma Firefighters Pension and Retirement system. It now heads to the House.

Among the key changes for newly hired firefighters is that to become eligible for retirement benefits, they must be at least 50 years old and have worked for 22 years, instead of the current 20 years. New firefighters also would not become vested until they've worked for 11 years, instead of the current 10 years.

The bill also increases the amount that firefighters, municipalities and the state pay into the system each year.

Online:

House Bill 2078: http://bit.ly/Z9w0gN

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • Local NewsNewsMore>>

  • Barbara Bush believed literacy could cure other ills

    Barbara Bush believed literacy could cure other ills

    Friday, April 20 2018 1:33 AM EDT2018-04-20 05:33:17 GMT
    Friday, April 20 2018 2:40 AM EDT2018-04-20 06:40:35 GMT
    (AP Photo/Luc Novovitch, File). FILE - In this May 16, 1994 file photo, former first lady Barbara Bush reads to a group of children at the Clinton Family Inn, a shelter run by Homes for the Homeless in New York. Promoting literacy was a longtime cause ...(AP Photo/Luc Novovitch, File). FILE - In this May 16, 1994 file photo, former first lady Barbara Bush reads to a group of children at the Clinton Family Inn, a shelter run by Homes for the Homeless in New York. Promoting literacy was a longtime cause ...

    Barbara Bush came up with the idea of focusing on literacy as first lady during a jog in 1978, the year her husband considered his first run for president.

    Barbara Bush came up with the idea of focusing on literacy as first lady during a jog in 1978, the year her husband considered his first run for president.

  • Southwest Airlines sought more time for engine inspections

    Southwest Airlines sought more time for engine inspections

    Thursday, April 19 2018 1:02 AM EDT2018-04-19 05:02:22 GMT
    Friday, April 20 2018 2:40 AM EDT2018-04-20 06:40:22 GMT
    (NTSB via AP). National Transportation Safety Board investigators examine damage to the engine of the Southwest Airlines plane that made an emergency landing at Philadelphia International Airport in Philadelphia on Tuesday, April 17, 2018. The Southwes...(NTSB via AP). National Transportation Safety Board investigators examine damage to the engine of the Southwest Airlines plane that made an emergency landing at Philadelphia International Airport in Philadelphia on Tuesday, April 17, 2018. The Southwes...

    The Federal Aviation Administration's announcement late Wednesday comes nearly a year after the engine's manufacturer recommended the additional inspections, and a month after European regulators ordered their airlines to do the work.

    The Federal Aviation Administration's announcement late Wednesday comes nearly a year after the engine's manufacturer recommended the additional inspections, and a month after European regulators ordered their airlines to do the work.

  • Kushner Cos. subpoenaed by feds after AP report

    Kushner Cos. subpoenaed by feds after AP report

    Thursday, April 19 2018 11:12 PM EDT2018-04-20 03:12:45 GMT
    Friday, April 20 2018 2:38 AM EDT2018-04-20 06:38:08 GMT
    The Kushner Cos. is confirming it was subpoenaed by federal prosecutors for information related to documents about its buildings in New York City. (AP Photo/Evan Vucci)The Kushner Cos. is confirming it was subpoenaed by federal prosecutors for information related to documents about its buildings in New York City. (AP Photo/Evan Vucci)
    The Kushner Cos. is confirming it was subpoenaed by federal prosecutors for information related to documents about its buildings in New York City. (AP Photo/Evan Vucci)The Kushner Cos. is confirming it was subpoenaed by federal prosecutors for information related to documents about its buildings in New York City. (AP Photo/Evan Vucci)

    The Kushner Cos. is confirming it was subpoenaed by federal prosecutors for information related to an Associated Press report that the company filed dozens of false documents about its buildings in New York City.

    The Kushner Cos. is confirming it was subpoenaed by federal prosecutors for information related to an Associated Press report that the company filed dozens of false documents about its buildings in New York City.

Powered by Frankly