Committed to serving

Oklahoma’s local government retirement plans for a half-century

Watch our 50 Year History Video

TOGETHER WE ARE STRONGER

Our coalition of municipalities seeks to provide the best possible services

See how you can participate

MEMBER-FOCUSED DECISIONS BY OKMRF TRUSTEES

Our Trustees perform additional duties so your City Council or Board doesn't have to

Board of Trustees at work

FINANCIAL INFORMATION

Audited financial reports are now available

View on-line

Welcome to OkMRF.org

Who We Are

OkMRF members and Trustees work together for your future!

Saving for retirement is one of the biggest challenges your employees will face during their working years. The opportunity provided through the Oklahoma Municipal Retirement Fund (OkMRF) can help them meet that challenge by setting the course for a more secure future in retirement.

Established in 1966 by state statute, the Oklahoma Municipal Retirement Fund has over 200 members throughout the state, including cities, towns, municipal hospitals, agencies and co-ops.

Since OkMRF specializes in government plans, we are very familiar with the needs, objectives and plan requirements unique to the government sector.

We are exclusively committed to serving Oklahoma’s local government retirement plans.

 

News and Events

  • New DC investment options:
    ESG U.S. Stock Fund. Read More.
    On October 25, 2019, the OkMRF Board of Trustees approved a new defined contribution (DC) investment option called the ESG U.S. Stock Fund. The ESG U.S. Stock Fund is a stand-alone option with a focus on U.S. mid-to-large companies that are focused on environmental, social and governance (“ESG”) factors. These factors, for example, include underlying companies that have demonstrated a commitment to climate change, sustainability, consumer rights, product safety, conflicts of interest, business ethics, etc. The new investment option will be offered beginning April 1, 2020. More details.

    Target Retirement 2065 Fund. Read More.
    On January 31, 2020, the OkMRF Board of Trustees approved the next tranche in the defined contribution (DC) Target Retirement investment lineup called Target Retirement 2065 Fund.  This will be the default fund for any Participants hired after March 20, 2020, with a year of birth of 1998 or later.  The Target Retirement Funds are a pre-diversified mix of investments that automatically adjusts based on the funds target date.  The concept is simple, the closer the Participant gets to retirement, the more conservative the mix becomes.  For those Participants hired prior to the live date of March 20, 2020, with a year of birth of 1998 or later, they will have an opportunity to move to the new Target Retirement 2065 Fund beginning April 1, 2020.  If they do not actively make this choice, they will remain invested in the Target Retirement 2060 Fund.  More details to follow.
  • We are pleased to announce that OkMRF is now available for Inola.
  • It’s official: The Trustee election for the OkMRF At-Large Trustee Position is over. Please help us in congratulating the incumbent Robert Johnston. His five (5) year term begins October 1, 2019. View Bio.
  • Join us in congratulating Kristi Hort, City of Nichols Hills City Clerk/Finance Director, as the 2019 George F. Wilkinson award recipient for OkMRF outstanding Authorized Agent. View prior recipients.
  • Fee Reduction Announcement: Administrative fees effective for FY 19-20 will be reduced from 31 bps to 28 bps.
    Investment fees are based on your underlying investment selection. Please review the applicable fund fact sheet(s) to determine the related investment expense ratio.
  • The OkMRF Board Room dedicated and will forevermore be known as “The BAY” in honor of longtime board member, Bertha Ann Young. Read More.
View All News Items

  • It’s never a bad time to kick start healthy savings habits that can help you reach your savings goals. Learn More.
  • Designating a beneficiary is easy. Don’t delay! Do it today! Learn More.
  • A Secure File Upload is now available to submit forms. Learn More.
  • Learn more about the Hall of Fame Nominations.