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Tom Spencer Leaving OPERS

DeWayne McAnally, chairman of the board of the Oklahoma Public Employees Retirement System (OPERS), announced that Executive Director Tom Spencer is leaving OPERS to take over as the executive director of the Oklahoma Teachers’ Retirement System (OTRS) effective November 1, 2014.

“Tom Spencer has led OPERS for eleven years,” said McAnally. “We have seen many operational improvements during his tenure, and he has been a great representative of OPERS at the State Capitol and to our 72,000 members. He will be greatly missed.”

The OPERS Board will begin the process of replacing Mr. Spencer as soon as possible. Spencer has been the interim director of OTRS since April 1, 2014, under an agreement to share his duties as the teachers’ system searched for a permanent director.

McAnally said, “OPERS will miss Tom, but we congratulate him on his new opportunity and wish him well."

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