by OPERS | Jun 10, 2008 | Uncategorized
The 2008 Regular Session of the Oklahoma Legislature passed only two bills that directly impact members of OPERS. HB 3112 and SB 1641 have both been signed in to law by Governor Henry. The major provisions of the two bills include a cost of living adjustment (COLA)...
by Matthew Kesser | May 9, 2008 | Uncategorized
The 2008 administrative rules proposed by the Board of Trustees have been published and permanently adopted and became effective May 11, 2008. Click here for a full version of the administrative rules changes that have become...
by Matthew Kesser | Mar 21, 2008 | Uncategorized
The Economic Stimulus Act of 2008 will provide 130 million U.S. households with some level of tax relief. You must file a federal tax return for 2007 to be eligible for the stimulus payment. This filing requirement applies to some people who do not normally file,...
by Stephanie White | Jan 9, 2008 | 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 Matthew Kesser | Dec 3, 2007 | Uncategorized
The 2007 Comprehensive Annual Financial Reports (CAFRs) for OPERS and URSJJ are now available on our Publications page. This year’s reports celebrate Oklahoma’s Centennial. The reports contain six sections, each with a cover image depicting Oklahoma’s rich...
by Matthew Kesser | Nov 2, 2007 | Uncategorized
OPERS retirees may return to work after they retire and continue to receive their retirement benefits. However, OPERS retirees may be subject to a federal earnings limitation. The federal limitation applies only to OPERS retirees who return to work for an OPERS...
