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OPERS is a state-sponsored pension system for most Oklahoma state and local government employees. It provides defined benefit and defined contribution plans, and has a portfolio of about 6.5 billion dollars in assets.
Learn about the pension program for public education employees in Oklahoma, its history, organization, eligibility, benefits and incentives. Find out how OTRS calculates retirement benefits, capped contributions and early retirement options.
Learn about the history, types, and funding of public sector pensions in the U.S. at the federal, state, and local levels. Compare the retirement benefits and risks of different plans and systems across the country.
As of fiscal year 2017 the state of Illinois had $134.3 billion in unfunded pension benefits, up from $62.4 billion in 2009. The 2017 Illinois figure is higher than all five of its neighboring ...
Russ said the Oklahoma Public Employees Retirement System has more than 60 percent of its $10 billion portfolio managed by BlackRock, which he said was “a well-known adversary of energy ...
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 ...
OPPRS is an agency that manages the public pension system for municipal police officers in Oklahoma. It was created in 1980 and is overseen by a 13-member Board of Trustees and the Secretary of Finance and Revenue.
Today, most employees must save for retirement on their own, typically through workplace retirement plans such as a 401(k). But saving enough, in the absence of a traditional pension, hasn’t ...
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