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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.
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
An Oklahoma House subcommittee has approved a bill that would remove a matching-fund requirement for school districts from a teacher pay-raise program.
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 ...
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 ...
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.
CompSource Oklahoma (formerly State Insurance Fund) ... Oklahoma Health Care Authority. ... State Employees Benefits Council; State/Education Employees Group ...