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The Oklahoma Police Pension and Retirement System (OPPRS) is an agency of the government of Oklahoma that manages the public pension system for municipal police officers in Oklahoma. The System provides pension benefits such as normal retirement, disability retirement, surviving spouse benefits and a death benefit.
In passing the law, legislators exempted the Oklahoma Police Pension and Retirement System from a statute forbidding declines in the funding-level ratio for the $3 billion pension system. That ...
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 ...
Pension benefits are primarily designed to favor workers who work a full career (typically at least 25 years of service), which account for approximately 24% of state-level public workers. In a study of 335 statewide retirement plans, Equable Institute found that 74.1% of pension plans in the US served this group of workers well.
The exemptions illustrate how tricky it’s been for pension funds to navigate the Oklahoma Energy Discrimination Elimination Act. Oklahoma treasurer criticizes pension system for taking exemption ...
More: Law enforcement organizations speak out against Oklahoma's HB 4156. What law enforcement says. Last week, the Oklahoma Association of Chiefs of Police issued an unusual statement condemning ...
Oklahoma Tax Commission; Oklahoma Police Pension and Retirement System. Police Pension and Retirement Board; Property and Casualty Insurance Guaranty Association; Property and Casualty Rates Board; Special Agency Account Board; Oklahoma State Banking Department. Oklahoma State Banking Board (governing body of Department) Oklahoma State Board of ...