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Oklahoma Police Pension and Retirement System

From Wikipedia, the free encyclopedia

Oklahoma Police Pension and Retirement System
Seal of Oklahoma.svg
Great Seal of Oklahoma
Agency overview
Formed1980
Preceding agency
  • Policemen's Pension Benefit Program
Headquarters1001 NW 63 Street
Oklahoma City, Oklahoma
Employees12 unclassified
Annual budget$175 million
Ministers responsible
Agency executive
  • Ginger Sigler, Executive Director
Parent agencyBoard of Trustees
WebsiteOklahoma Police Pension and Retirement System

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 funding from employer and member contributions, a portion of the state insurance premium tax and returns on investments. The System is overseen by a 13-member Board of Trustees, which is responsible for governing the System and appointing the Executive Director to run the System.

The System was created in 1980 during the term of Governor of Oklahoma George Nigh.

History

Leadership

The System is oversee by the Oklahoma Secretary of Finance and Revenue. Under Governor of Oklahoma Brad Henry, Scott Meacham is currently serving as Secretary.

Board of trustees

The System is governed by a thirteen-member Board of Trustees. The Board members are appointed as follows:

References

External links



This page was last edited on 20 May 2020, at 14:10
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