HOME

TheInfoList



OR:

The Oklahoma Firefighters Pension and Retirement System (OFPRS) is an
agency Agency may refer to: Organizations * Institution, governmental or others ** Advertising agency or marketing agency, a service business dedicated to creating, planning and handling advertising for its clients ** Employment agency, a business that ...
of the
government of Oklahoma The government of the U.S. State of Oklahoma, established by the Oklahoma Constitution, is a republican democracy modeled after the federal government of the United States. The state government has three branches: the executive, legislative, and ...
that manages the public pension system for
firefighters A firefighter is a first responder and rescuer extensively trained in firefighting, primarily to extinguish hazardous fires that threaten life, property, and the environment as well as to rescue people and in some cases or jurisdictions also ...
in
Oklahoma Oklahoma (; Choctaw language, Choctaw: ; chr, ᎣᎧᎳᎰᎹ, ''Okalahoma'' ) is a U.S. state, state in the South Central United States, South Central region of the United States, bordered by Texas on the south and west, Kansas on the nor ...
. The System provides pension benefits such as normal retirement, disability retirement, surviving spouse benefits and a death benefit. 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, which is responsible for governing the System and appointing the Executive Director to run the System. The System was created in 1980 during the term of
Governor of Oklahoma The governor of Oklahoma is the head of government of the U.S. state of Oklahoma. Under the Oklahoma Constitution, the governor serves as the head of the Oklahoma Executive (government), executive branch, of the government of Oklahoma. The gove ...
George Nigh George Patterson Nigh (born June 9, 1927) is an American politician and civic leader from the U.S. state of Oklahoma. Nigh served as the 17th and the 22nd governor of Oklahoma and as the eighth and tenth lieutenant governor of Oklahoma. He was th ...
.


History

Governor of Oklahoma The governor of Oklahoma is the head of government of the U.S. state of Oklahoma. Under the Oklahoma Constitution, the governor serves as the head of the Oklahoma Executive (government), executive branch, of the government of Oklahoma. The gove ...
Charles N. Haskell Charles Nathaniel Haskell (March 13, 1860 – July 5, 1933) was an American lawyer, oilman, and politician who was the first governor of Oklahoma. As a delegate to Oklahoma's constitutional convention in 1906, he played a crucial role in draftin ...
signed into law the first fireman’s pension benefit law May 14, 1908. The new law contained a 1 percent tax on insurance premiums to fund the pension benefits for both paid and volunteer firefighters. Oklahoma cities and towns administered the program until the
Oklahoma Legislature The Legislature of the State of Oklahoma is the state legislative branch of the U.S. state of Oklahoma. The Oklahoma House of Representatives and Oklahoma Senate are the two houses that make up the bicameral state legislature. There are 101 sta ...
created the current System in 1980.


Leadership

The System is overseen by the Secretary of Finance and Revenue. Under
Governor of Oklahoma The governor of Oklahoma is the head of government of the U.S. state of Oklahoma. Under the Oklahoma Constitution, the governor serves as the head of the Oklahoma Executive (government), executive branch, of the government of Oklahoma. The gove ...
Brad Henry Charles Bradford Henry (born July 10, 1963) is an American lawyer and politician who was the 26th governor of Oklahoma from 2003 to 2011. A member of the Democratic Party, he was elected governor in 2002. Henry won re-election for a second term ...
,
Scott Meacham Scott Meacham (born 1963) served as the 17th State Treasurer of Oklahoma from June, 2005 to January, 2011, having been appointed to that post by then-Governor Brad Henry following the resignation of then-State Treasurer Robert Butkin. Meacham ...
is currently serving as Secretary.


Board of trustees

The System is governed by a thirteen-member Board of Trustees. The Board members are appointed as follows: *Oklahoma State Firefighters Association Executive Board (5 members) *President of the Professional Firefighters of Oklahoma or a designee (1 member) *President of the Oklahoma Retired Firefighters Association or a designee (1 member) *Speaker of the House of Representatives Appointee (1 member) *President Pro Tempore of the Senate Appointee (1 member) *Oklahoma Municipal League Appointees (2 members) *State Insurance Commissioner or a designee (1 member) *Director of the Office of State Finance or a designee (1 member)


References


External links

*
Oklahoma Firefighters Pension and Retirement System official website
Firefighters Pension {{Oklahoma-gov-stub