by OPERS | Jan 2, 2020 | Uncategorized
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...
by OPERS | Dec 23, 2019 | Uncategorized
OPERS & URSJJ Annual Comprehensive Financial Report for Fiscal Year Ended June 30, 2019 We are pleased to provide you with the most recent Annual Comprehensive and Popular Annual Financial Reports (ACFR and PAFR), titled “Seasons,” for the Oklahoma...
by OPERS | Dec 16, 2019 | Uncategorized
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...
by OPERS | Nov 4, 2019 | Uncategorized
OPERS has issued a request for proposal (RFP) for actuarial services. Proposals are due December 13, 2019. Click on the links below to download the RFP. Click here for PDF | Click here for Word How to Submit Responses Responses will only be accepted in a digital...
by OPERS | Nov 1, 2019 | Uncategorized
The federal Pension Protection Act (PPA) of 2006 was signed into law last year and became effective for the 2007 tax year. The PPA gives an “eligible retired public safety officer” the ability to claim a tax exclusion of up to $3,000 for amounts deducted...
by OPERS | Oct 1, 2019 | Uncategorized
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...
