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Oklahoma Teacher's Retirement System (OTRS) is the pension program for public education employees in the State of Oklahoma. As of June 30, 2014, the program had nearly 168,000 members. [ 1 ] Public education teachers and administrators are required to be OTRS members; support staff can join voluntarily. [ 1 ]
The Oklahoma Public Employees Retirement System (OPERS) is an agency of the government of Oklahoma that manages the public pension system for majority of Oklahoma state employees. 74 Okla.Statutes §§901 et seq. The System provides pension benefits such as normal retirement, disability retirement, surviving spouse benefits and a death benefit.
The State Pension Commission provides guidance to the Governor of Oklahoma and the Oklahoma Legislature concerning the state's public retirement systems, including identifying problems and areas of abuse, projecting costs of existing systems and modifications to those systems, and recommending pension reform programs. Funding for the Commission ...
This legislation would provide an essential tool to reach experienced teachers and help entice them back to the classroom. Oklahoma has a teacher shortage crisis. How do we entice them back to the ...
The number of educators leaving the profession has increased, while enrollment in Oklahoma colleges of education declined 86% between 2008 and 2021, the most of any state, an analysis by Penn ...
Federal Employees Retirement System - covers approximately 2.44 million full-time civilian employees (as of Dec 2005). [2]Retired pay for U.S. Armed Forces retirees is, strictly speaking, not a pension but instead is a form of retainer pay. U.S. military retirees do not vest into a retirement system while they are on active duty; eligibility for non-disability retired pay is solely based upon ...
Provides retirement benefits for State's police officers Teachers’ Retirement System: 41: $321,930,938.55: Provides retirement benefits for State's teachers Pension Commission: N/A: N/A: Oversees all public pension systems Board of Equalization: N/A: N/A: Estimates State revenue for fiscal year Capitol Improvement Authority: N/A: N/A: Issues ...
At least nine teachers received thousands in bonuses that the state is now demanding back. The teachers say they were blindsided After it overpaid thousands in teacher bonuses, Oklahoma is trying ...
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