Oklahoma Firefighters Pension and Retirement System

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WELCOME

Important - Please Read!!

If your name is on this list, your benefit will be stopped soon. This list has all members that have not signed their signature letter. Please review this list to ensure that we have received your signature letter so that your benefit will not be stopped. If you are on this list, please contact the pension office immediately.

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FIREFIGHTERS PENSION SYSTEM RESPONDS TO THE FINANCIAL CRISIS

A number of our members have voiced concern regarding the current financial crisis and how it will affect future retirement benefit payments and Plan B account balances. While the news of the financial markets can be understandably concerning, it is important for our members to know that your retirement assets are securely protected and not directly affected by the current credit crisis. The Pension System along with its investment advisors is closely monitoring the fund’s exposure to the financial sector. Our diversified portfolio will help weather the storm as it did during the last recession of 2001–2002. Plan B participants are reminded that their deferred benefit accounts are invested exactly in the same manner as the pension assets. All members and their beneficiaries are further reminded that as long as the United States of America and the State of Oklahoma remain strong, the security of their future pension benefits and Plan B accounts will remain strong. Your State Pension Board is confident that as this country has weathered financial crisis in the past, it will also weather this financial crisis. The current challenge will be to deal with our fears including the fear reported by the financial news services and fear of the unknown. Please keep in mind that the assets of this Pension System were deployed in anticipation of events such as the current crisis long before this crisis began. We are confident that not only will we get through these turbulent times, but that we will prosper in the future.

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Tired of waiting on the Post Office for your pension check? Go Direct Deposit! It's easy, all you need to do is fill out Form 5 and attach a voided check!

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PLEASE UPDATE YOUR ADDRESS EVERY TIME YOU MOVE, FORM 16A, TO KEEP OUR RECORDS UP TO DATE AND TO AVOID DELAYS IN RECEIVING IMPORTANT COMMUNICATIONS.

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Thank you for visiting the Oklahoma Firefighters Pension and Retirement System Web Site!

The System was created as a state agency by the legislature in 1981. Currently there are 21,743 participating members in the System. Of those participating members, 4,009 are active paid firefighters, 7,800 are active volunteer firefighters, 3,867 are retired paid firefighters or their beneficiaries, 5,154 are retired volunteer firefighters or their beneficiaries, 28 are terminated vested paid firefighters, and 885 are terminated vested volunteer firefighters. 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 and provides pension benefits such as normal retirement, disability retirement, surviving spouse benefits and a death benefit.

This site contains a wealth of information about the System so feel free to explore. And if you have any questions or concerns, please don't hesitate to contact us.