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Oklahoma Teachers' Retirement System. 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.
Pension benefits are primarily designed to favor workers who work a full career (typically at least 25 years of service), which account for approximately 24% of state-level public workers. In a study of 335 statewide retirement plans, Equable Institute found that 74.1% of pension plans in the US served this group of workers well.
OKLAHOMA CITY — The Oklahoma Legislature plans to boost funding for K-12 classrooms, college facilities and CareerTech programs in an education budget agreement nearing $5.6 billion.
Teacher Retirement System of Texas: $146,326 $146,326 79.7% 8.0% 7 New York State Teachers: $115,637 $115,637 94.2% 7.5% 8 State of Wisconsin Investment Board: $109,960 $105,155 N/A N/A 9 North Carolina Retirement: $106,946 $96,094 88.3% 7.3% 10 Washington State Investment Board: $104,260 $86,615 85.5% 7.7% 11 Ohio Public Employees Retirement ...
Aug. 20—To help locals launch their new careers and a new school year, the Oklahoma Retired Educators Association (OREA) presented first-year teachers with $100 to start out the new school year.
The Oklahoma State Pension Commission is an Oklahoma state agency responsible for analyzing the performance of the State's public pension systems. The Commission also advises the Governor of Oklahoma and the Oklahoma Legislature on necessary action to improve the pension systems. The Commission is provided administrative support by the Office ...
A group of Oklahoma parents of public school students, teachers and ministers filed a lawsuit seeking to stop the state’s top education official from forcing schools to incorporate the Bible ...
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