okmrf.org: Program Alternatives

Program Alternatives

Selecting a retirement plan provider that offers comprehensive plan options can be difficult. OMRF has a solid history of service to Oklahoma municipalities. See for yourself!

OMRF Capabilities

Government retirement plan professionals with over 40 years of experience
Lower cost, reliable, established provider
Wide array of plan services as defined by our members
Owned by you - the cities and towns of Oklahoma
Dedicated and responsive service staff
Membership "voice" through election of Board of Trustees
Created and endorsed by the Oklahoma Municipal League
203 plus member municipalities, representing over 11,000 employees
$505 million in retirement assets (as of May 31, 2008)

Plan Design and Program Alternatives

OMRF offers several plan designs and program alternatives for municipalities, so members can select the program that best meets their employment needs. Click on the buttons below to see these options. Adobe Acrobat is needed to view the PDF's. If you do not have Acrobat, we've provided a download option for you on our homepage.

PDF of Defined Benefit Highlights & Program Alternatives
PDF of Defined Contribution Highlights & Program Alternatives

Customized Manager Options Plan

The OMRF Customized Manager Options Plan, created in 1999, expressly designed for city managers and administrators, provides a defined contribution program structure with immediate vesting.

PDF of Customized Manager Options Plan

Retiree Medical Plan

In 2004, OMRF created a plan design that provides an ancillary benefit to assist retires with the ever-growing insurance premium expenses.

PDF of Retiree Medical Plan

Investment & Administrative Fees

OMRF Plan administrative costs, investment fees and consultant fees are shared pro rata based on plan assets and result in lower expenses to individual plans.

How Do I Join?

In order to evaluate what type of program is right for your municipality, contact Cindy Shattuck, Jodi Cox, or Chris Whatley at 1-888-394-6673 (exts 101, 102, or 103). We will be glad to set up an appointment to assist you in determining the best retirement plan for your employees.