Oklahoma Police Pension
and Retirement System

1001 N. W. 63rd Street, Suite 305
Oklahoma City, OK 73116-7335

Phone : 405-840-3555
Toll Free: 800-347-6552
Facsimile: 405-840-8465

Office Hours: Monday-Friday 8:00 AM to 4:30 PM

Email: OPPRS@OPPRS.OK.GOV

We are happy to accept your comments and inquiries via email. Please be advised that email is not an entirely secure and private means of communication. We recommend that you not put your personal information in your messages, such as your Social Security Number or exact date of birth. OPPRS cannot ensure the security of any email that you send. If you want to ask us about something that requires giving us personal or confidential information, please call our office or submit your question in writing by mail or fax.

WEB MEMBER SERVICES!

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Long-Term Strategic Analysis

Facts and Figures
 

• The Oklahoma Police Pension System is the most well funded large plan in the State of Oklahoma.
• Funded status of 93% as of 7/1/11.
• The Oklahoma Police Pension System Board of Trustees have historically implemented the investment portfolio in a much more risk averse manner than the other State Systems that are not nearly as well funded.
• By reducing portfolio volatility, funded status volatility is reduced as is volatility in the ARC.
• From September 1, 1985, through December 31, of 2012, the OPPRS investment portfolio has produced an annualized return of 8.4%.Well in in excess of the actuarial assumed rate of return, which is presently 7.5%.
• 10-year portfolio risk is lower than 98% of all funds with a similar equity allocation.
• 10-year risk adjusted returns are better (more efficient) than 93% of all funds with similar equity allocation.
• The total investment management cost is well below the average of similarly positioned institutional investment portfolios (64.9 basis points versus 79 basis points).

Funded status of 93%, portfolio returns in excess of required return and risk adjusted returns relative to other investors are a proof statement as to the soundness of the long-term investment approach implemented by the Oklahoma Police Board of Trustees.

WELCOME

Mission Statement:

To provide secure retirement benefits for members and their beneficiaries.

The Oklahoma Police Pension and Retirement System is a defined benefit plan, and qualifies under section 401(a) of the Internal Revenue Code.

As of June 30, 2012, the System covered 5,101 active members; 2,368 retirees; 642 beneficiaries; 138 disabled members; 37 deferred option members and 126 vested members.  

As of September 1, 2012 the System has 131 municipal members and 3 state agency members.