Oklahoma Public Employees Retirement System

The Oklahoma Public Employees Retirement System (OPERS) was established, pursuant to 74 O.S. § 901, to provide an orderly means for certain state and local government employees to retire from active service without prejudice and without inflicting undue hardship upon the retired employees; to enable such employees to accumulate deferred income reserves for themselves and their dependents to provide for old age, death, and inactive service, and for the purpose of effecting economy and efficiency in the administration of governmental affairs. OPERS serves as the administrator of the following tax-qualified retirement plans:

• The Oklahoma Public Employees Retirement System, a defined benefit plan authorized by 74 O.S. § 901, et seq.

• The Uniform Retirement System for Justices and Judges, a defined benefit plan authorized by 20 O.S. § 1101, et seq.

• The Pathfinder Plan, a defined contribution plan, authorized by 74 O.S. § 935.1, et seq.

• The SoonerSave Plans, voluntary defined contribution plans, authorized by 74 O.S. § 1701, et seq.