Agency overview | |
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Formed | 1980 |
Preceding agency |
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Headquarters | 1001 NW 63 Street Oklahoma City, Oklahoma |
Employees | 12 unclassified |
Annual budget | $175 million |
Ministers responsible |
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Agency executive |
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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.
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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.
The System is governed by a thirteen-member Board of Trustees. The Board members are appointed as follows:
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