SB 242, a bill that would place the state treasurer on the OPERS and OTRS Boards, was heard on the House floor today. The bill did pass despite very hard lobbying efforts by our members. I am very disappointed, as this appears to be a party line vote. It appears that the democratic caucus all voted NO and the republican caucus all voted yes, with 12 members not voting.
I am disappointed. I thought that by presenting bi-partisan support for legislators, that when OREA (and OPEA), firefighters and police, our legislators would respect our decision. Certainly the treasurer serving on the state board won’t make or break the OTRS and OPERS systems; however, the hardline approach says to me—NO RESPECT. There is some conflicting evidence on the House website. The front page report says the vote was 51-34; however, when you pull up the individual vote, the count was 61-25, 12 abstaining. I will follow up on this issue and report in detail on tomorrow’s legislative update.
Thank for your hard work on this issue!
Oklahoma Retired Educators Association