From the Executive Director, Sabra Tucker
Retirees need a COLA NOW! This is the message that we are carrying to the State Capitol. It is no secret that retirees haven’t received a cost of living adjustment since 2008. Since that time, the rate of inflation has risen over 16% and don’t even get me started on health insurance premiums and prescription costs in the last 10 years—at least 40%, and in many situations, much more. I’m sure many of you are growing weary from waiting—waiting patiently for the legislature to do the right thing and grant a cost of living adjustment.
The Oklahoma Teachers Retirement System is now over 70% funded, and we certainly want this success to continue. HOWEVER, retirees need relief from rising costs of healthcare, food, utilities, and simply, daily living. We must keep communicating this message to our legislators—and we have a bill to tell them about. House Bill 2985 Gives a COLA to all of Oklahoma’s retirees receiving a benefit from the state’s public pension systems, including OTRS. Please contact your legislator and tell your story. Call them, write them, email, or text—whatever form of contact you prefer. Hearing from you, their constituent, will make the biggest impact.
|Hall, Ellise - Chair||100||405-557-7403||200|
|McEachin, Scott - Vice Chair||67||405-557-7341||409|
|McDaniel, Randy - Chair Emeritus||83||405-557-7409||438|