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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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House Bill 3454, authored by Rep. Anthony Moore, R-Clinton, would expand Oklahoma's Promise eligibility to children of certified, full-time teachers who have been employed by a public-school ...
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 ...
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 ...
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