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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 ]
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 ...
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 ...
In another study, Equable Institute found that the total lifetime value of teacher pension benefits have declined by $100,000 on average (13%) since 2005. A teacher hired for the 2005 school year can expect to earn $768,000 in retirement benefits, where as a teacher hired for the 2023 school year can expect to earn $668,000. [19
After a spirited round of questioning, an Oklahoma House subcommittee approved a Senate bill to remove a matching-fund requirement for school districts to provide pay raises for their top teachers
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.
Teacher turnover hit its highest point since the pandemic last school year, when more than 6,000 Oklahoma public school teachers left the classroom.. The crush of school departures occurred even ...
In the first week of February, teachers staged "walk-ins" at schools and some protested at the West Virginia Capitol. [12] The strike proved successful, and inspired those in other states to strike as well. [13] In early April, Oklahoma became the second state to strike, making it the first time a teacher's strike was held in the state since ...