2023 Legislative Compensation Review slide image

2023 Legislative Compensation Review

2023 regional legislator retirement comparison Oklahoma OPERS: Elected on or after 11/1/2011, 3.5% with 2% computation factor. OPERS: Elected prior to 11/1/2011, up to 10.0% with 4.0% computation factor. Pathfinder: Elected after 11/1/15, up to 7% or above employee and 7% employer match. Arkansas Colorado Kansas Louisiana Missouri New Mexico Texas = up to 5.5% of salary = up to 14% of salary = up to 14%+ of salary = 5% of salary = 11% of salary = 6% of salary (optional) = 0% = 26.33% of salary - = $600 annually (optional) = 9.5% of salary (optional)
View entire presentation