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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.
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 ...
As reported by the Oklahoma State Department of Education in its 2021 Oklahoma Educator Supply and Demand Report, about 45,051 teachers are employed in the state. This teacher count is on par with ...
The Oklahoma Public Employees Retirement System has responded to a September letter sent by the Oklahoma State Pension Commission at Russ’ request criticizing its process for taking an exemption ...
Its effects extend to all employees of state, county, municipal and special districts in 26 states. Teachers in 13 of those states, including specific districts in Kentucky and Georgia, also feel ...
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 ...
Oklahoma State Banking Department. Oklahoma State Banking Board (governing body of Department) Oklahoma State Board of Equalization; Oklahoma State Bond Advisor. Council of Bond Oversight; Long-Range Capital Planning Commission; Oklahoma Teachers’ Retirement System. Teachers' Retirement Board; Tobacco Settlement Endowment Trust