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The Oklahoma Police Pension and Retirement System (OPPRS) is an agency of the government of Oklahoma that manages the public pension system for municipal police officers in Oklahoma. The System provides pension benefits such as normal retirement, disability retirement, surviving spouse benefits and a death benefit. The System receives its ...
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.
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 ...
The retirement system's letter to the State Pension Commission, dated Nov. 9, said the system's board properly followed the law in taking an exemption. The pension system’s request for proposal ...
Here's what you need to know about the various new laws approved by the state Legislature. More than 200 new Oklahoma laws take effect Tuesday. Here are the highlights
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 ...
From Oklahoma's new anti-camping law to the "Women's Bill of Rights," over 200 bills go into effect in the state on Nov. 1.
Pension reform - HB 2630 switches new state employees who participate in the Oklahoma Public Employees Retirement System to a 401(k)-style defined contribution plan. Under the new plan, workers contribute between 3 and 7 percent of their salaries into the retirement system and receive a dollar-for-dollar match from the state.