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Enacted

Oklahoma permits retirement system beneficiaries to disclaim death benefits to funeral providers and waives probate for small benefits

Original title: Oklahoma Public Employees Retirement System; death benefits; beneficiaries; transfer; disclaimer; time period; liability; effective date.

Last action · May 12, 2025: Approved by Governor 05/09/2025

Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Does

Oklahoma allows retirement system beneficiaries to disclaim death benefits and transfer them directly to a licensed funeral director or service business starting November 1, 2025. The legislation also establishes a process to waive court requirements for distributing death benefits or unpaid contributions of $25,000 or less to legal heirs.

Why it matters

Beneficiaries can now redirect retirement death benefits toward funeral expenses without court involvement, while the Oklahoma Public Employees Retirement System is legally released from liability upon making such payments.

Who It Affects

Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.

Directly affected

Beneficiaries

Beneficiaries gain the option to disclaim death benefits in writing to transfer them to licensed funeral service providers.

Directly affected

Legal heirs

Legal heirs can claim retirement death benefits or unpaid contributions of $25,000 or less without probate court intervention by submitting specific affidavits and agreements.

Directly affected

Oklahoma Public Employees Retirement System

The System is granted discretion over probate waivers and is released from liability, obligations, and costs upon making payments to claiming heirs or disclaiming beneficiaries.

Directly affected

Licensed funeral directors and service businesses

Funeral providers can receive transferred death benefits directly when a beneficiary executes a qualified disclaimer.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

Can I transfer my retirement death benefit directly to a funeral home?
Yes. Beneficiaries may disclaim death benefits in writing so that the funds are transferred to a person or business licensed to provide funeral services.
What is the maximum amount eligible for a waiver of probate procedures?
The System may pay applicable death benefits, unpaid contributions, or unpaid benefits of $25,000 or less without court intervention, provided all required documentation and affidavits are submitted.
What is the standard death benefit amount for retired members?
The death benefit is $4,000 for retired members who died before July 1, 1999, and $5,000 for those who died on or after July 1, 1999.

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Where This Stands

Current status: Signed into law.

Procedural history

23 actions
  1. May 12, 2025HouseEnrolled
    Approved by Governor 05/09/2025
  2. May 5, 2025House
    Sent to Governor
  3. May 5, 2025Senate
    Enrolled measure signed, returned to House
  4. May 5, 2025House
    Enrolled, signed, to Senate
  5. May 1, 2025HouseCommittee
    Referred for enrollment
  6. May 1, 2025Senate
    Engrossed measure signed, returned to House
Show 17 earlier actions
  1. May 1, 2025SenateFloor
    Measure passed: Ayes: 46 Nays: 0
  2. May 1, 2025Senate
    General Order, Considered
  3. Apr 17, 2025Senate
    Placed on General Order
  4. Apr 15, 2025SenateFloor
    Reported Do Pass Retirement and Government Resources committee; CR filed
  5. Apr 1, 2025SenateCommittee
    Second Reading referred to Retirement and Government Resources
  6. Mar 12, 2025SenateIntroduced
    First Reading
  7. Mar 12, 2025House
    Engrossed, signed, to Senate
  8. Mar 11, 2025HouseCommittee
    Referred for engrossment
  9. Mar 11, 2025HouseFloor
    Third Reading, Measure passed: Ayes: 93 Nays: 0
  10. Mar 11, 2025House
    General Order
  11. Mar 4, 2025HouseFloor
    CR; Do Pass Government Oversight Committee
  12. Feb 12, 2025House
    Authored by Senator Daniels (principal Senate author)
  13. Feb 12, 2025HouseFloor
    Policy recommendation to the Government Oversight committee; Do Pass Banking, Financial Services and Pensions
  14. Feb 4, 2025HouseCommittee
    Referred to Banking, Financial Services and Pensions
  15. Feb 4, 2025HouseCommittee
    Second Reading referred to Government Oversight
  16. Feb 3, 2025House
    Authored by Representative Kane
  17. Feb 3, 2025HouseIntroduced
    First Reading

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

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Lobbying Activity

No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Connected Entities

Oklahoma Public Employees Retirement System, Kane, Thomas E. Cummins and 3 more
OrganizationOklahoma Public Employees Retirement System“State retirement system administering death benefits and member accounts.”Map →
PersonKane“House member who introduced House Bill 1458.”Map →
PersonThomas E. Cummins“Actuary providing the actuarial note for RBH No. 11377.”Map →
OrganizationInternal Revenue Service“Federal agency that may approve provisions regarding life insurance proceeds tre”Map →
PersonDaniels“Senate member sponsoring House Bill 1458.”Map →
OrganizationThomas E. Cummins Consulting Actuary, Inc.“Actuarial firm associated with the bill analysis.”Map →

Sources

Open source document

www.oklegislature.gov

Analysis Score

0–100
  • Significance60
    How much this matters to a regular citizen
  • Controversy10
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz15
    Current news / social attention level

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