COVID-19 and Oklahoma state pension plans

Increased retirement costs from a COLA increase, coupled with the sharp decline in the stock market, may put Oklahoma state pensions at risk.


Before the 2020 legislative session was interrupted, the Oklahoma House of Representatives passed a cost-of-living-adjustment (COLA) increase of between two and four percent for retired government workers. As the COVID-19 crisis has continued to unfold, it’s clear that state revenues will be falli...

(Feed generated with FetchRSS)

from Oklahoma Council of Public Affairs COVID-19 and Oklahoma state pension plans