HB 3332: Retirement; Defined Contribution Retirement Plan for Teachers Act; trust; plan assets; Teachers' Retirement System of Oklahoma; certified personnel; election; defined benefit plan; service credit; terms; Board of Trustees; operating plan document; duties; policies; competitive bid process; contract; report; contribution rate; participants; employers; vesting; individual account; investment menu; alternative distribution forms; surviving spouse or beneficiary; minimum salary schedule; codification; effective date.

Plain-language summary

HB 3332 is a bill introduced in the Oklahoma House on February 2, 2026. According to its official title, it concerns: Retirement; Defined Contribution Retirement Plan for Teachers Act; trust; plan assets; Teachers' Retirement System of Oklahoma; certified personnel; election; defined benefit plan; service credit; terms; Board of Trustees; operating plan document; duties; policies; competitive bid process; contract; report; contribution rate; participants; employers; vesting; individual account; investment menu; alternative distribution forms; surviving spouse or beneficiary; minimum salary schedule; codification; effective date. Primary sponsor: Neil Hays (Republican). Most recent recorded action (February 3, 2026): Second Reading referred to Rules.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written