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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 ...
While teacher employment numbers are relatively consistent, the state Education Department reported that the number of teachers leaving the profession due to retirement was unexpectedly higher, by ...
Lawmakers approved a bill that raises teachers' pay by an average $6,100 annually. It is the first raise since 2007 and the largest in the state's history. Oklahoma raises teacher pay, teachers ...
The Legislature will make the final call on teacher pay and education funding levels after Oklahoma State Board of Education voted for pay raise. $5,000 teacher pay raise passes Oklahoma state ...
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