HB3332 — 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.

HB3332 — 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. · Informed CitizenryHB 3332 updates the rules and structure of the Teachers' Retirement System of Oklahoma (TRSO). While it is a complex bill, its goal is to modernize how retirement benefits are managed for educators…Open in Informed Citizenry