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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.
The Commission is composed of seven members: the Oklahoma State Treasurer, the Oklahoma State Auditor and Inspector, the Director of the Oklahoma Office of Management and Enterprise Services, a sitting State Senator appointed by the President pro tempore of the Oklahoma Senate, a sitting State Representative appointed by the Speaker of the Oklahoma House of Representatives, and two members ...
The exemptions illustrate how tricky it’s been for pension funds to navigate the Oklahoma Energy Discrimination Elimination Act. Oklahoma treasurer criticizes pension system for taking exemption ...
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May 15, 2024; Columbus, Ohio, USA; The State Teachers Retirement System of Ohio, the state's second largest public pension fund, oversees about $90 billion invested on behalf of 500,000 teachers ...
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 ...
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.