Public retirement systems; Oklahoma Firefighters Pension and Retirement System; Oklahoma Police Pension and Retirement System; Uniform Retirement System for Justices and Judges; Oklahoma Law Enforcement Retirement System; Teachers' Retirement System of Oklahoma; Oklahoma Public Employees Retirement System; death benefit amount; effective date.

This bill increases the death benefit paid by several Oklahoma public retirement systems from $5,000 to $10,000 for members who die on or after the bill's effective date. This change affects the Oklahoma Firefighters Pension, Oklahoma Police Pension, Uniform Retirement System for Justices and Judges, Oklahoma Law Enforcement Retirement System, Teachers' Retirement System of Oklahoma, and Oklahoma Public Employees Retirement System. The bill also updates procedures for paying death benefits without probate court involvement for some systems.

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