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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.


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