About Us

The Oklahoma Police Pension and Retirement System is a defined benefit plan and qualifies under section 401(a) of the Internal Revenue Code.

As of June 30, 2023, the System covered 4,868 active members, 3,294 retirees, 958 beneficiaries, 149 disabled members, and 1 deferred option member.

As of June 30, 2023, the System has 150 municipal members and 3 state agency members.



Our Mission

To provide secure retirement benefits for members and their beneficiaries.

Long-Term Strategic Analysis

Facts and Figures

  • The Oklahoma Police Pension & Retirement System (OPPRS) is considered an extremely well-funded plan with a funded ratio of 106.1% of July 1, 2023.
  • Due to its strong funded status, OPPRS pursues an investment strategy that emphasizes risk reduction while seeking to exceed the long-term expected rate of return of 7.5%.
  • OPPRS has a highly diversified portfolio that has preserved principal balances and protected against losses during market downturns. This risk-aware approach has performed well, providing long-term returns in excess of a traditional portfolio mix of 60% equities/40% bonds.
  • In reducing portfolio volatility, funded status volatility is reduced, as is volatility in the Annual Required Contributions (ARC).