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OK Public Workers' Group To Fight Pension Bills

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The House and Senate bills would switch new workers from the traditional defined-benefit pension to a 401(k)-style defined contribution retirement system. The House and Senate bills would switch new workers from the traditional defined-benefit pension to a 401(k)-style defined contribution retirement system.
OKLAHOMA CITY -

A group that represents public workers in Oklahoma is issuing a call to action to its members and urging them to oppose measures to change the retirement system for newly hired state employees.

Oklahoma Public Employees Association Executive Director Sterling Zearley said Monday the group opposes bills in both the House and Senate that would switch new workers from the traditional defined-benefit pension to a 401(k)-style defined contribution retirement system.

2/16/2014 Related Story: Your Vote Counts: Pension Reform

Zearley said he's been working with legislators for several years to get a pay increase for state workers, which is unlikely to happen this year because of budget constraints.

He said state workers are not willing to take away the pension for new hires without an agreement to substantially increase salaries.

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