The Norman Transcript

State/Region

March 6, 2013

Oklahoma House passes defined contribution option

OKLAHOMA CITY — New state employees would have the option of a traditional pension or a defined contribution plan under a bill approved by the Oklahoma House.

The House voted 65-22 Tuesday for the bill that would give state employees hired after July 1, 2014, the new option. The bill would make it a requirement for statewide elected officials elected after July 2014 to be a member of the new defined contribution plan.

Most Democrats opposed the measure, arguing it was the first step toward abolishing public pensions.

The sponsor of the bill, Republican Rep. Randy McDaniel of Oklahoma City, says his goal is to protect the state’s financial security of the state and give workers more options.

For local news and more, subscribe to The Norman Transcript Smart Edition, or our print edition.

1
Text Only | Photo Reprints
State/Region
  • Okla. House defeats bond issue to repair Capitol

    OKLAHOMA CITY — The Oklahoma House has defeated legislation that would authorize up to $160 million in bonds to repair the state’s nearly 100-year-old Capitol....

    April 23, 2014

  • Fallin signs bill for Okla. trooper raises

    OKLAHOMA CITY — Gov. Mary Fallin has signed a bill that would give Oklahoma Highway Patrol troopers their first pay raise in seven years, although the pay increase won’t come unless money is included in a separate budget proposal....

    April 23, 2014

  • Smoke-out marks holiday

    DENVER — Tens of thousands of revelers raised joints, pipes and vaporizer devices to the sky Sunday at a central Denver park in a defiant toast to the April 20 pot holiday, a once-underground celebration that stepped into the mainstream in ...

    April 21, 2014

  • Survivors observe 19th anniversary

    OKLAHOMA CITY — Survivors, rescue workers and the family members of victims of the Oklahoma City bombing have observed the 19th anniversary of the terrorist attack....

    April 20, 2014

  • State budget talks center on cuts

    OKLAHOMA CITY — With six weeks left in the 2014 session, behind-the-scenes negotiations among the House, Senate and governor’s office are ramping up on how to plug a $188 million hole in the budget and fund programs for education, public ...

    April 20, 2014

  • Dental groups oppose measure

    TULSA — Some Oklahoma dental groups are opposing a bill in the state Legislature, proposed as a reaction to the case of an oral surgeon accused of maintaining filthy office conditions, that deals with training requirements for oral surgery ...

    April 20, 2014

  • Dental groups oppose legislation

    TULSA — Some Oklahoma dental groups are opposing a bill in the state Legislature dealing with training requirements for oral surgery dental assistants....

    April 20, 2014

  • Pork producer subsidiary plans to use compressed gas

    GUYMON — A subsidiary of Oklahoma pork producer Seaboard Foods has begun using trucks fueled by compressed natural gas to deliver biodiesel....

    April 20, 2014

  • Oklahoma City Memorial Bombing museum gets tech boost

    OKLAHOMA CITY — A memorial and museum built to remember the worst act of domestic terrorism on American soil is in the midst of a $7 million upgrade so it can better portray how different the world was when Timothy McVeigh blew up the ...

    April 19, 2014 1 Photo

  • U.S. puts off pipeline decision

    WASHINGTON — The Obama administration is putting off its decision on the Keystone XL oil pipeline, likely until after the November elections, by extending its review of the controversial project indefinitely....

    April 19, 2014