OkMRF Offices Closed

Monday, May 29, 2023 in observance of the Memorial Day holiday

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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.

 

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News and Events

  • Announcement: Nomination process opens May 2023, for the District 1 Trustee position. Nominations shall be by Resolution and be mailed and filed with the OkMRF office no earlier than May 20th but no later than June 30, 2023.
    Learn More.

    – View Official Notice
    – A Member of District 1 has the right to nominate one (1) candidate for the District 1 expiring office
    – Hollis “Ed” Tinker, Sr., City of Glenpool Retiree, currently holds the trustee position
    – The term is for five (5) years and begins October 1, 2023
    – If you would like the Resolution in word format please request a gcudjoe@okmrf.org
  • We are pleased to announce that OkMRF is now available to the City of The Village.
  • Join us in congratulating Cheryl Rea, City of Okmulgee Human Resources Director, as the 2022 George F. Wilkinson award recipient for OkMRF outstanding Authorized Agent. View prior recipients.
  • Special Message from OkMRF Consultant, Asset Consulting Group (ACG) on the current geopolitical environment and overall market pressures. View here.
  • Voya websites no longer support Internet Explorer 11. View more details.
  • OkMRF is happy to announce, after extensive study, that your administrative fees are being changed to a flat fee.
    Let us introduce you to our new four (4)-tiered administrative fee approach.

    The following will be charged for the OkMRF administrative expenses from July 2022 through June 2023, expenses:

    Balance over $100,000: $32.50/month ($390 annually)
    Balance between 50k – 100k: $20.00/month ($240 annually)
    Balance between 15k – 50k: $10.50/month ($126 annually)
    Balance less than $15,000: $3.75/month ($45 annually)

    Annually, we will review the fees charged for appropriateness to support the following year’s budget and are subject to change. The good news is, we continue to manage our budget successfully and want to pass these savings onto you – our Participants. Reminder, your investment fees are based on your underlying investment selection. Please review the applicable fund fact sheet(s) to determine the related investment expense ratio.

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  • Actions today help you plan for tomorrow. Get started now by completing the OkMRF Retirement Checklist.
  • Designating a beneficiary is easy. Don’t delay! Do it today! Learn More.
  • The OkMRF Board Room dedicated and will forevermore be known as “The BAY” in honor of longtime board member, Bertha Ann Young. Read More.
  • A Secure File Upload is now available to submit forms. Learn More.
  • Learn more about the Hall of Fame Nominations.