OPERS Office Closed
Due to hazardous weather, the OPERS office and phone lines are closed. We apologize for the inconvenience.??Looking for a tax form? All 1099-R forms were mailed last week.
Numbers to Live By
At OPERS, we are consumed with numbers years of service, benefit payments and investment performance are just a few of the figures we monitor on a daily basis. Just as our goal is to maintain a healthy retirement system, the numbers below can help you maintain a healthy...
Proposed Rules and Impact Statements
Notice is being provided to all interested parties pursuant to the Oklahoma Administrative Procedures Act that proposed rules are available for public review and comment. Copies of the proposed administrative rules are available for public inspection and comment through...
Tax and Insurance Reminders
A new year means it's time to evaluate the last and make plans for the one ahead. For retirees, this annual review should include an assessment of your retirement income and tax needs. Your pension is considered taxable income, and a Withholding Preference Certificate is...
OPERS & URSJJ Comprehensive Annual Financial Report for Fiscal Year Ended June 30, 2019 We are pleased to provide you with the most recent Comprehensive and Popular Annual Financial Reports (CAFR and PAFR), titled "Seasons," for the Oklahoma Public Employees Retirement...
Avoid Missing Important Communications from OPERS
Keeping an accurate address on record is an important means of communicating with OPERS. Throughout the year, we mail important information to you in the form of newsletters, tax forms, etc. Since your monthly retirement benefit deposits electronically each month, it is easy...
2020 Pre-Retirement Seminar Schedule
Start planning your retirement with an OPERS Pre-Retirement Seminar. Eighteen seminars are scheduled between January and June of 2020. Seminars will be held in the following cities Oklahoma City, Tulsa, Weatherford, McAlester, and Ardmore.
OPERS Phone Lines Are Down
The phone lines at the OPERS office are currently down. ??There is not a current estimate of when service will be restored. ??We apologize for the inconvenience. ( more )
Military Service and OPERS
If you were performing active military service during a period of war or national emergency, you may be able to apply that time to your OPERS service credit. The periods of active military duty that can be used in the calculation of your retirement benefit are spelled out in...
Why Inflation Means Something Different for Retirees
Did you know in 1980 the average cost of a loaf of bread was 50 cents? In 2015, a loaf of bread averaged about $1.98, or nearly a 300 percent increase over the last 35 years. Welcome to the world of inflation.??Inflation impacts everyone, whether you are just starting out, in...
How are you preparing yourself for retirement?As mentioned in the cover article, OPERS has partnered with InFRE to develop two new retirement education seminars for OPERS members. The overarching goal of these new programs is to help you be more prepared to maximize your...
OPERS is closed Tuesday, August 27, 2019
Due to a power outage from recent thunderstorms, the OPERS office and phone lines are closed on Tuesday, August 27, 2019. We anticipate being open again at 8 a.m. on Wednesday, August 28.
OPERS Awarded by GFOA
The Certificate of Achievement for Excellence in Financial Reporting has been awarded to OPERS and the URSJJ by the Government Finance Officers Association (GFOA) for its comprehensive annual financial report (CAFR). The Certificate of Achievement is the highest form of...
Required Minimum Distributions: What it is and Why You Should Care
Most save for retirement in tax-deferred retirement accounts; meaning we delay paying taxes on those dollars until we take distributions in retirement. These dollars accumulate and grow, but they can't stay tax-deferred forever. At a certain point, you must start making...
What You Need to Know to Budget Your Money
Spend Less Than You EarnDo you spend each month wondering where all your money has gone? If your paycheck keeps disappearing before you have put anything into your savings, it's time for a budget. A budget reminds us of a simple truth we all must spend less than we earn.