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Oklahoma Police Pension and Retirement System

Government Agency
Agency nameOklahoma Police Pension and Retirement System
Agency overview
Formed1980
Preceding
agencies
Policemen's Pension Benefit Program
Employees12 unclassified
Annual budget$175 million
Headquarters1001 NW 63 Street
Oklahoma City, Oklahoma
Operational structure
Minister
responsible
Scott Meacham, Secretary of Finance and Revenue
Craig Akard, Chair of the Board
Agency executivesSteven Snyder, Executive Director
Parent agencyBoard of Trustees

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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 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.

Oklahoma Police Pension and Retirement System Video

Rep. Randy McDaniel Spells Out Oklahoma Pension System Reforms at the Wednesday meeting of OCPAC (Oklahoma Conservative Political Action Committee) on 12/11/...
64.33 min. | 0 user rating

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Recession Roadtrip: Telling Tales Of 'Hard Times' - NPR Tweet this news
NPR--So he was put on early -retirement- and ended up not getting his full benefits because of the number of years of service that he'd had. And so the family found their income cut in half, basically, yet they still had the same bills they had befor - Date : Fri, 09 Dec 2011 17:18:42 GMT
Elburn to ask voters to OK pension tax - Kane County Chronicle Tweet this news
Kane County Chronicle--The village has reduced its IMRF levy to account for the removal of -police- officers from that -pension system-, so it should partially or completely offset any -police pension- levy. Anderson said the village cannot say at this po - Date : Sat, 03 Dec 2011 11:36:45 GMT
Oklahoma Police Pension looking for long/short equity manager - Pensions & Investments Tweet this news
Pensions & Investments---Oklahoma Police Pension- & -Retirement System-, Oklahoma City, will search for a long/short equity manager to run between $80 million and $90 million, confirmed Steven Snyder, executive director and chief investment of - Date : Thu, 17 Nov 2011 18:24:32 GMT
Oklahoma Police Pension sues US Bank - Pensions & Investments Tweet this news
Pensions & Investments---Oklahoma Police Pension- & -Retirement System-, Oklahoma City, filed a class-action suit against US Bank, charging it failed to properly fulfill its duty as trustee of two investment trusts. The suit, filed Nov. 9 in t - Date : Mon, 14 Nov 2011 21:30:58 GMT
Licht, Fung dispute Raimondo's take on local pension debate - WPRI-TV 12 (blog) Tweet this news
WPRI-TV 12 (blog)--Licht said Chafee always told Raimondo and others that fixing the 36 locally run plans, which aren't part of the state-managed Municipal Employees -Retirement System- (MERS), was a top priority for him, noting that the governor&apo - Date : Thu, 17 Nov 2011 11:01:28 GMT
Rhode Island legislators OK hybrid retirement plan - Business Insurance Tweet this news
Business Insurance--PROVIDENCE, RIThe Rhode Island General Assembly late Thursday passed sweeping -pension- reform legislation that would create a hybrid plan for members of the $7 billion Rhode Island Employees' -Retirement System- in Providence. T - Date : Mon, 21 Nov 2011 15:38:49 GMT
Public Retirees Surge as States Cut Benefits to Shrink Deficits - BusinessWeek Tweet this news
BusinessWeek--In Wisconsin, -retirement- applications jumped 79 percent in the three months that ended in March from the period last year, according to the -pension system-. Governor Scott Walker has signed a law limiting unions' collective-bargainin - Date : Tue, 19 Apr 2011 05:11:23 GMT+00:00
Oklahoma Police commits to 2 venture capital funds - Pensions & Investments Tweet this news
Pensions & Investments---Oklahoma Police Pension- & -Retirement System-, Oklahoma City, committed $7.5 million to Weathergage Venture Capital II and $5 million to FirstMark Capital V fund, both venture capital funds, Steven K. Snyder, executiv - Date : Fri, 25 Mar 2011 19:53:18 GMT+00:00

State finance agencies of Oklahoma

Governor of Oklahoma
State Treasurer * State Auditor and Inspector * Insurance Commissioner
Secretary of Finance and Revenue
Board of Equalization * Capitol Improvement Authority * Department of Consumer Credit * Department of Securities * Office of State Finance * Pension Commission * Tax Commission * State Banking Department * State Bond Advisor
Public Pension Funds
Firefighters Pension and Retirement System * Law Enforcement Retirement System * Public Employees Retirement System * Police Pension and Retirement System * Teachers Retirement System



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