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OklahomaHB 4050Oklahoma 2026 Regular SessionHouse

Retirement; Oklahoma Public Employees Retirement System; modifying employer contribution amount for certain time frame; effective date; emergency.

Sponsored By: Trey Caldwell (Republican)

Signed by Governor

Senate Committee

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 1 benefits, 0 costs, 1 mixed.

Oklahoma public pension employer rates change

Participating OPERS employers must pay a set percent of each worker’s monthly pay, up to the legal pay cap. The rate is 16.5% through June 30, 2026. From July 1, 2026 to June 30, 2031, it drops to 9.5%. It returns to 16.5% on July 1, 2031.

Employer match for OPERS defined contribution

If you are in OPERS’ defined contribution plan, your employer must make the required match. The match amount is set in state law and applies to participating employers. Employers must also send OPERS any difference between that match and what they would have paid otherwise. This rule has been in effect since November 1, 2015.

Sponsors & Cosponsors

Sponsor

  • Trey Caldwell

    Republican • House

Cosponsors

  • Chuck Hall

    Republican • Senate

  • John Haste

    Republican • Senate

  • John Kane

    Republican • House

Roll Call Votes

All Roll Calls

Yes: 155 • No: 29

Senate vote • 4/16/2026

THIRD READING

Yes: 39 • No: 6

House vote • 4/14/2026

THIRD READING

Yes: 79 • No: 16 • Other: 1

House vote • 4/13/2026

DO PASS

Yes: 20 • No: 3

Senate vote • 4/13/2026

Committee vote: Joint Committee on Appropriations and Budget

Yes: 17 • No: 4

Actions Timeline

  1. Approved by Governor 04/22/2026

    4/22/2026House

  2. Sent to Governor

    4/16/2026House

  3. Enrolled measure signed, returned to House

    4/16/2026Senate

  4. Enrolled, signed, to Senate

    4/16/2026House

  5. Referred for enrollment

    4/16/2026House

  6. Engrossed measure signed, returned to House

    4/16/2026Senate

  7. Measure and Emergency passed: Ayes: 39 Nays: 6

    4/16/2026Senate

  8. JCR adopted

    4/16/2026Senate

  9. Direct to Calendar

    4/15/2026Senate

  10. First Reading

    4/14/2026Senate

  11. Engrossed, signed, to Senate

    4/14/2026House

  12. Referred for engrossment

    4/14/2026House

  13. Third Reading, Measure and Emergency passed: Ayes: 79 Nays: 16

    4/14/2026House

  14. JCR adopted

    4/14/2026House

  15. General Order

    4/14/2026House

  16. Emergency added

    4/13/2026House

  17. JCR; Do pass, amended by committee substitute Joint Committee on Appropriations and Budget

    4/13/2026House

  18. Second Reading referred to Joint Committee on Appropriations and Budget

    2/3/2026House

  19. Coauthored by Senator(s) Haste

    2/2/2026House

  20. Authored by Senator Hall (principal Senate author)

    2/2/2026House

  21. Authored by Representative Caldwell (Trey), Kane

    2/2/2026House

  22. First Reading

    2/2/2026House

Bill Text

  • Enrolled (final version)

    4/16/2026

    PDF

  • Engrossed

    4/14/2026

    PDF

  • Floor (House)

    4/13/2026

    PDF

  • House Committee Substitute

    4/13/2026

    PDF

  • House Joint Committee Report

    4/13/2026

    PDF

  • Introduced

    1/15/2026

    PDF

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