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A critical issue affecting Oklahoma’s education system needs attention: the impending expiration of Oklahoma legislation that provides exceptions to salary cap limitations for retired teachers ...
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 ]
According to an analysis of certified teacher data from the Oklahoma Department of Education: 6,065 classroom teachers employed in 2022-23 did not return this year. That’s nearly 14% of the ...
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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.
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 ...
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About 30,000 teachers left Oklahoma’s public school system between 2012 and 2018. Meanwhile, the number of people studying to become teachers fell nationwide since 2010, most steeply in Oklahoma .