- Oklahoma Police Pension and Retirement System
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Oklahoma Police Pension and Retirement System Great Seal of Oklahoma Agency overview Formed 1980 Preceding agency Policemen's Pension Benefit Program Headquarters 1001 NW 63 Street
Oklahoma City, OklahomaEmployees 12 unclassified Annual budget $175 million Ministers responsible Scott Meacham, Secretary of Finance and Revenue
Craig Akard, Chair of the BoardAgency executive Steven Snyder, Executive Director Parent agency Board of Trustees Website Oklahoma 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.
Contents
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:
- 6 members elected by the active members of the System (elected by District) who are active members of the System
- 1 member elected by the inactive members of the System (elected Statewide) who is an inactive member of the System
- 1 member appointed by the Speaker of the Oklahoma House of Representatives
- 1 member appointed by the President pro tempore of the Oklahoma Senate
- 1 member appointed by the Governor of Oklahoma
- 1 member appointed by the Oklahoma Municipal League
- 1 member is the Oklahoma Insurance Commissioner (or designee)
- 1 member is the Director of State Finance (or designee)
See also
References
External links
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 • Commissioners of the Land Office • Department of Consumer Credit • Department of Insurance • 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 SystemCategories:- State agencies of Oklahoma
- Oklahoma government stubs
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