OkMRF was established in 1966 by the City of Shawnee and the City of Ada signing a Trust Agreement which established the OkMRF System and Trust. Twenty-six members joined that first year. (Each new member today still joins OkMRF by entering into the same Agreement with Shawnee and Ada.) OkMRF is authorized under State statutes to pool funds for investment purposes.
Currently, OkMRF has assets exceeding $800 million. The System began with a Defined Benefit Program only, and now offers Defined Contribution, Customized Manager Option and Retiree Medical Programs.
OUR FEATURES AND BENEFITS
OkMRF is owned and operated by its members. Our plans and services have been developed by our members through their representatives – the OkMRF Board of Trustees. This nine member board, elected by the members of each district, listens. The Trustees respond to the requests of the employers and employees. This is evident in the continual expansion of services and plan features.
OkMRF specializes in government plans by design. We are very familiar with the needs, objectives and plan requirements (or lack of) which may be unique to the government sector. The OkMRF staff and team of consultants provide a professional service which is not duplicated anywhere.
OkMRF members share plan costs. This enables many municipalities to provide plans which might not be affordable otherwise. A majority of the plan administrative costs, investment fees and consultant fees are shared pro rata of plan assets. As a result, plan costs are minimal.
OkMRF is a non-profit organization. We do not pay any sales commissions to employees or consultants. There is no hidden agenda or ulterior motive (except maybe for pride) other than providing the best system possible – and remaining the State’s premier municipal retirement program.
The coalition of municipalities provides the best possible avenue of services. All programs are administered and managed locally here in Oklahoma. The direct relationships between the Trustees and the district members provide a communication link which assures employers and employees the ability to be heard and to be part of the development of new programs and services.
Our Members’ and Plan Participants’ best interests are the highest priority for the OkMRF Trustees.
The Trustees are responsible for the overall implementation and success of the retirement programs, assisted by the OkMRF staff and a team of professional advisors. OkMRF assumes the fiduciary duties so your Council or Board doesn’t have to.
Some of the specific fiduciary duties are:
Amend the plan upon Member request or as needed to maintain its qualified status with the Internal Revenue Service
Adopt an investment policy, the governing document from which the retirement plan’s objectives and investment menu are developed and measured
Conduct investment manager searches, due diligence, selection, hiring and termination when necessary
Monitor the performance of managers compared with their peer groups and benchmarks
Monitor managers and consultants to ensure fees and expenses being charged are reasonable for services provided
Obtain training and education on new laws, regulations, industry trends and best practices
Comply with the Oklahoma Open Meetings and Records Act
Secure fiduciary liability coverage to protect the trust
Click on a trustee image for complete bio and contact information.
Trustee Emeritus City of Weatherford, Retiree Term: Forevermore Fax: 405-606-7879
George is the OkMRF Trustee Emeritus. He retired as City Administrator from the City of Weatherford where he served for thirty (30) years. Prior to that, George was a City Commissioner and Vice Mayor for five (5) years and worked as a T. G. & Y. store manager for sixteen (16) years. George served as a Board Member on the South Western Oklahoma Development Authority (SWODA) and the Oklahoma Municipal League (OML). He was inducted into both the Weatherford and Cushing High School Alumni Hall of Fames. In 1991, George received the Don Rider Award. In 2004, George was inducted into the Oklahoma Hall of Fame for City and Town Officials.
George has served on the OkMRF Board of Trustees since 1982. He was the Board Chair for twenty (20) years and named Trustee Emeritus on March 31, 2016. The Board honored George by developing the George F. Wilkinson award in his name. This prestigious award is to be presented annually to an outstanding OkMRF Authorized Agent in the state of Oklahoma.
Donna represents OkMRF District 3. Since 1987, she has been employed by the City of Ada. In 1992, she became the Finance Director and Treasurer. Donna is a Certified Public Accountant with an Accounting Degree from East Central University. She also has completed the Oklahoma Municipal Treasurers Institute. Donna is a member of the Government Finance Officers Association (GFOA), Oklahoma Municipal Clerks and Treasurers Association, Municipal Treasurers Association of the United States & Canada and the American Institute and the Oklahoma Society of CPAs.
Donna is Chairman of the OkMRF Board and serves on the OkMRF Administrative Committee. She has served on the OkMRF Board of Trustees since 2002.
Robert represents the At-large Membership. Since 1993, he has been the City Manager for the City of Frederick. Robert has completed his coursework for a Master's of Public Administration. Prior to that, he worked as the Public Works Director in Clinton and City Manager in Tonkawa. Robert has served as a Board member and President of City Management Association of Oklahoma (CMAO), Municipal Electric Systems of Oklahoma (MESO) and OML. He also served as Regional Vice President of International City/County Management Association (ICMA). He currently serves as Board Member and Vice Chair of the Oklahoma Municipal Power Authority (OMUP) Board. In 2010, he received the MESO Ray Duffy award. In 2011, he received the Don Rider award. In 2013, Robert was inducted into the Oklahoma Hall of Fame for City and Town Officials. He has a Certificate of Achievement in Public Plan Policy.
Robert is the Vice Chairman of the OkMRF Board and the OkMRF Administrative Committee Chair. He has served on the OkMRF Board of Trustees since 2014.
Bob represents OkMRF District 2. He retired as City Clerk and Treasurer from the City of Sallisaw in 2010 where he served for twenty-six (26) years. Bob was the City’s Purchasing Agent before retiring as City Clerk and Treasurer. He completed the Certification Program for Municipal Finance Administrators and the Program for Municipal Clerks. Bob has a Bachelor’s of Science Degree in Accounting from Southwestern Oklahoma State University in Weatherford. He was a member of the Oklahoma Association of Public Treasurers, serving on the Board of Directors; a member of the Oklahoma Municipal Clerks and Treasurers & Finance Officials, serving on the Board of Directors; served on the Oklahoma Clerks Institute Advisory Committee; and was a member of Government Finance Officials Association.
Bob is the Secretary of the OkMRF Board and serves on the OkMRF Investment Committee. He has served on the OkMRF Board of Trustees since 2005.
Jim represents OkMRF District 7. He is a retiree from the City of Thomas. Jim retired with over thirty-two (32) years of management experience in municipal government, having worked for several OkMRF Member municipalities including El Reno, Fairview, Guthrie, Mangum, Thomas and Tonkawa. Jim served on the Oklahoma Municipal Power Authority Board and the Municipal Electric Systems of Oklahoma Board. Jim has a Bachelor's Degree in Political Science and a minor in Economics from Southwestern Oklahoma State University in Weatherford. He is a member of the Society of Pension Professionals.
Jim is the OkMRF Investment Committee Chair. He has served on the OkMRF Board of Trustees since 1987.
Joe Don Dunham
Board Trustee, District 8 City of Alva, City Manager Term: 2022
Joe Don represents OkMRF District 8. Since 2012, he has been City Manager for the City of Alva. Prior to that, he served as the Finance Director for both the City of Altus and the City of Frederick. He has over twenty-three (23) years in municipal government. Joe Don served as Past President of the Oklahoma Association of Public Treasurers and Oklahoma Municipal Clerks, Treasurers and Finance Officials Association and Chairman for the Oklahoma Treasurers Institute. In addition, he served as a Director for the Association of Public Treasurers of the United States and Canada and the Mountain Park Master Conservancy District. Joe Don was appointed by Governor Brad Henry to the Task Force on Municipal Finances representing communities under 50,000 population. He is currently a member of the Oklahoma Municipal League (OML) Legislative Committee and continues to serve on the OML/OTC Liaison Board as one of its’ founding members. Joe Don received his Master of Business Administration from Cameron University and is a graduate from the Oklahoma Treasures Institute. He has a Certificate of Achievement in Public Plan Policy.
Joe Don serves on the OkMRF Contract Committee. He has served on the OkMRF Board of Trustees since 2017.
Tamera represents OkMRF District 4. She retired as Human Resource Director form the City of Shawnee after seventeen (17) years of service. Tamera received a Bachelor of Science in Education with a Business Education degree from Oklahoma Baptist University and a Master of Education with a Vocational Business Education from the University of Central Oklahoma. Tamera’s work experience also includes 15 years as a Business Education instructor at Shawnee High School, an insurance claims examiner for Mutual of Omaha and Deputy City Clerk for the City of Woodward. In 2016, she was named the first George F. Wilkinson Award recipient designating her as the OkMRF Outstanding Authorized Agent. Tamera serves as Second Vice President of the Oklahoma Public Labor Relations Association. She also is a member of the Society for Human Resource Management, International Public Management Association for Human Resources and National Public Employer Labor Relations Association. Tamera has earned the SHRM-SCP, IPMA-SCP and the SPHR human resources certifications. She has a Certificate of Achievement in Public Plan Policy.
Tamera serves on the OkMRF Administrative Committee. She has served on the OkMRF Board of Trustees since 2017.
Tim represents OkMRF District 6. Since 2013, he has been City Manager for the City of Mustang. Prior to that, he served as the City and Borough Manager in Wrangell, Alaska and was the Assistant City Manager in Owasso, OK. He has over twenty-eight (28) years in municipal government with twenty-one (21) of those years in the State of Oklahoma. Tim is the Vice President of City Management Association of Oklahoma (CMAO) and has served as past president. He is also on the Oklahoma Municipal League (OML) Legislative Committee. He is an active member of International City/County Management Association (ICMA). Tim received his Master of Business Administration from Southern Nazarene University and his Bachelor’s Degree in Regional Planning from Mansfield University of Pennsylvania. In 2016, he received the Gerald Wilkins City Manager of the year award. He has a Certificate of Achievement in Public Plan Policy.
Tim serves on the OkMRF Contract Committee. He has served on the OkMRF Board of Trustees since 2016.
Melissa represents OkMRF District 5. Melissa is Chief Financial Officer for the City of Stillwater. Melissa received bachelor’s and master’s degrees in accounting from Oklahoma State University. Melissa’s work experience includes public accounting and private industry experience in addition to sixteen (16) years of public sector experience. Melissa is a certified public accountant and a certified government financial manager. Melissa is a member of the Oklahoma Society of CPAs, the Association of Government Accountants and the Government Finance Officers Association. She has a Certificate of Achievement in Public Plan Policy.
Melissa serves on the OkMRF Contract Committee. She has served on the OkMRF Board of Trustees since 2016.
Ed represents OkMRF District 1. He retired as City Manager from the City of Glenpool in 2013. Ed retired with over twenty (20) years of leadership experience in municipal government with Drumright, Glenpool, Hugo and McAlester. He is a member of the City Management Association of Oklahoma (CMAO). Ed served as a Board Member with the Oklahoma Municipal League (OML) and as a Councilperson from the City of McAlester. He also served on the Executive Board of Indian Nations Council of Governments (INCOG). He has a Certificate of Achievement in Public Plan Policy.
Ed serves on the OkMRF Investment Committee. He has served on the OkMRF Board of Trustees since 2013.
Member Cities, Towns and Municipal Agencies
OkMRF is comprised of cities, towns and municipal agencies in the state of Oklahoma. The OkMRF Members are listed below by district. There are eight districts which divide up the state for purposes of nominating and electing the OkMRF Board Trustees. Each member is allowed to nominate a retiree, eligible employee or council member to serve on the board and entitled to cast one vote during the election. The board term is five years. One trustee serves at-large and is elected by all members across the state.
OkMRF Staff is dedicated to provide best practice solutions. We develop long-standing working relationships with your employees, Human Resources departments and Municipal Staff to ensure all retirement plan needs are met. We commit to proactively strategizing with you, our Members, to implement solutions that meet your municipalities’ goals. Furthermore, we are dedicated to help enroll, educate and provide retiree counseling for our Plan Participants.
OkMRF is proud to provide an outstanding team of professionals to service your plan – all at a low competitive cost. OkMRF is able to retain such an impressive team because the member municipalities and agencies share expenses. The cost efficiencies result because you – our members – share plan expenses. The result: OkMRF negotiates low fees for you and your plan participants. There is power in numbers and together we are stronger!
Let us help you prepare the necessary plan documents including resolutions, ordinances and joining documents for your governing body’s approval. Schedule a consultationtoday.
Click on a team member image for complete bio and contact information. Use the tab to toggle between core and power team members.
Jodi is responsible for the overall operation of OkMRF, reporting to a nine (9) member Board of Trustees which represents the OkMRF membership; coordinates activities of the Trustees, consultants and staff; serves as liaison to the Administrative Committee; works with the Member municipalities on plan design and enhancements; and coordinates activities and services for the OkMRF Members and Participants.
Prior to joining OkMRF, she worked in public accounting. Jodi is a Certified Public Accountant and is a graduate of East Central University with a Bachelor of Science in Accounting. She is a member of the American Institute, Oklahoma Society of Certified Public Accountants, National Society of Pension Professionals and CMAO. She has a Certificate of Achievement in Public Plan Policy. Jodi has worked with OkMRF since September 1995.
Chris oversees on-site retirement education programs for Participants and training Member municipalities regarding plan administration, plan design and enhancements; serves as liaison to the Investment Committee; processes necessary Customized Manager Option (CMO) plan amendments; and manages the relationships with the OkMRF investment managers and independent investment consultant.
Prior to joining OkMRF, Chris was a financial advisor at both Bank One and American Express. Chris is a Certified Financial Planner and is a graduate of Oklahoma State University with a Master of Science focusing in Family Financial Planning and a Bachelor of Science in Workforce Education and Development from Southern Illinois University. Chris has worked with OkMRF since January 2004.
Katie is responsible for on-site retirement education to Participants and training Member municipalities regarding plan administration, plan design and enhancements; tracks securities litigation; and reviews/approves Defined Benefit (DB) distributions.
Prior to joining OkMRF, Katie was a financial services/team leader for American Fidelity. Katie has obtained FINRA Series 7, NASAA Series 66 and Oklahoma State Insurance licenses. She is also LEAN leadership certified and is a graduate of University of Central Oklahoma with a Bachelor of Business in Finance and a Bachelor of Business in Accounting. She has a Certificate of Achievement in Public Plan Policy. Katie has worked with OkMRF since August 2016.
Rhnea is responsible for the preparation of the OkMRF financial and GASB reports; reconciles activity from the custodian; oversees final participant and plan data for actuarial valuations; serves as liaison to the Contract Committee; manages asset buys, sells and transfers; and monitors trust account activity.
Prior to joining OkMRF, Rhnea worked for the City of Oklahoma City for over twenty-five (25) years in the areas of internal audit and accounting and served as the City Treasurer for thirteen (13) years. Rhnea is a graduate of Oklahoma State University with a Bachelor of Science in Accounting. Rhnea has worked with OkMRF since October 2008.
Gloria is responsible for the overall office support of administrative services; prepares all participant handouts and plan materials; maintains membership databases; prepares agenda packets; and coordinates all incoming and outgoing office correspondence.
Prior to joining OkMRF, Gloria worked at the Central Oklahoma Juvenile Center as the Librarian and a substitute teacher, working with delinquent and criminal teenagers from the Oklahoma area. Gloria is also active in her church where she works as the Youth Director, Choir Director, Sunday School/Bible Instructor and Church Secretary. She studied Sociology and Physical Education at Southeastern State University and East Central University. Gloria has worked with OkMRF since September 2006.
Lindsay is responsible for overseeing Member payroll submissions and updating participant data for the Defined Benefit (DB) and Defined Contribution (DC) Plans; oversees the OkMRF recordkeeping team; coordinates recordkeeping services with both Dean Actuaries and VOYA Financial; assists in the OkMRF financial audit and GASB audit; updates OkMRF web-site; trains Members for online payroll input/upload; and coordinates information technology updates.
Lindsay is a graduate of Southwestern Oklahoma State University with a Bachelor of Business Administration in Business Management and a minor in Finance. Lindsay has worked with OkMRF since September 2013.
Linda is responsible for the input of all Participant payroll data for the Defined Benefit (DB) and Defined Contribution (DC) Plans; sets up new participants; scans all related DB and DC applicable records to internal scanning system; processes address and beneficiary changes; and assists in processing DB retirement applications for distribution.
Prior to joining OkMRF, Linda worked for Oklahoma Construction Industries Board, Oklahoma Accountancy Board and Oklahoma Police Pension and Retirement System. Linda is a graduate of Oklahoma State University with a Bachelor of Science in Business Administration. She is a Certified Employee Benefit Specialist, a Retirement Plans Associate (RPA) and holds her Certificate of Achievement in Public Plan Policy. Linda has worked with OkMRF since October 2018.
Kari is responsible for plan document amendments and updates; files plans with the IRS on behalf of Members; processes fund expenses and OkMRF payroll; oversees the OkMRF distribution team; manages OkMRF records, retention and destruction schedule; and revises administrative forms.
She works remotely for OkMRF.
Prior to joining OkMRF, Kari worked in the banking industry for over nineteen (19) years in a variety of capacities including customer service, accounting, trust services and payroll. Kari is a graduate of Oklahoma State University with a Bachelor of Science in Agricultural Science and a minor in Accounting. Kari has worked with OkMRF since February 2001.
Jody is responsible for the daily verification and balancing of daily deposits to the Defined Benefit (DB) and Defined Contribution (DC) programs; processes DB (non-vested) contribution refunds; monitors DC Participant loans; processes DB contribution rate change requests; and prepares the annual contribution summaries for the DB Membership.
Prior to joining OkMRF, Jody worked for twenty-five (25) years in the banking industry in the areas of corporate trust and safekeeping; and taught English for five (5) years. Jody is a graduate from Oklahoma State University with a Bachelor of Language Arts and Library Science. Jody has worked with OkMRF since December 2008.
Catherine is responsible for processing Defined Benefit (DB) retirement applications and distributions; researches deceased Participants and cost of living pension adjustments; works with Members and Participants in providing DB pension estimates; and helps Defined Contribution (DC) Participants with the website and toll-free information line.
Prior to joining OkMRF, Catherine worked in the banking industry for over twenty-four (24) years in the areas of item processing, payroll management and safekeeping. Catherine attended high school in Seminole, OK, and has completed extensive college coursework in Business Administration. Catherine has worked with OkMRF since May 2008.
Voya Financial, Inc. (NYSE: VOYA), helps Americans plan, invest and protect their savings — to get ready to retire better. With a clear mission to make a secure financial future possible — one person, one family, one institution at a time — Voya’s vision is to be America’s Retirement CompanyTM.
Deltra serves as the Strategic Relationship Manager for OkMRF retirement plan members. Deltra’ s specific tasks include connecting with the OkMRF Board and staff to understand the goals and needs of the program for all members, and working with Voya teams and external business partners to execute accordingly. Deltra is primarily responsible for overseeing business strategy for OkMRF, informing members of updates to the Voya® family of companies products and services, regulatory impacts to client plans, research on industry best practices, and serves as client promoter within Voya for product and service enhancements.
A PARTNER FOR TODAY AND TOMORROW
Innovation and thought leadership, with equal focus on the day-to-day issues; financial stability
and conservatism, yet a commitment to invest in the future; and local expertise with global scale,
are all qualities you may look for in a partner. That is why so many people choose to work with
Northern Trust. Our unique qualities offer a mix of stability and innovation, allowing us to
support your asset servicing and asset management needs both today and tomorrow.
Gerald (“Jerry”) J. Sinish, Jr. is a Relationship Manager in the Public Funds/Taft-Hartley Funds business unit within Corporate and Institutional Services.
Jerry’s ultimate responsibility is client satisfaction. As the relationship advisor and advocate, he focuses on developing longterm and rewarding partnerships. On an ongoing basis, Jerry serves as the client’s strategist and facilitator by managing Northern Trust’s commitment to the client, addressing client issues to ensure appropriate resources are dedicated to the relationship and establishing a solid business relationship.
Jerry joined Northern Trust in 2005 as a Personal Fiduciary Support Associate. In 2006, Jerry joined the Personal Financial Services business unit where he worked as a Trust Associate on personal trust accounts and investment management services accounts, and in 2008 he was promoted to Assistant Relationship Manager. In late 2008, Jerry joined the Public Funds/Taft-Hartley business unit in Corporate and Institutional Services where he worked as an Account Manager. Jerry was promoted to Officer in 2009, and to Second Vice President in 2013. Jerry assumed his current responsibility in 2013.
Asset Consulting Group, Inc.
Asset Consulting Group (ACG) is an investment consulting firm focused exclusively on providing comprehensive, customized and conflict-free investment expertise to a select group of clients.
By rigorously maintaining the highest standards of legal excellence, the Oklahoma-based law firm of McAfee & Taft has grown to become one of the largest and most respected full-service business practice law firms in the region.
Dean Actuaries is proud to have served as the OkMRF actuary since 1997. We value our experience with the Trustees, OkMRF employers and the participants.
OkMRF defined benefit pension plans have demonstrated a high degree of financial stability, excellent plan design and safe funding levels. They are a model of how defined benefit plans should be handled by governmental employers. We believe our service as the Actuary has contributed to these outstanding results.
David serves as general counsel to the Board of Trustees of the Oklahoma Municipal Retirement Fund. Mr. Davis has more than forty years experience in representing municipalities, public trusts, and related entities in a wide range of matters. His service with Oklahoma Municipal Retirement Fund includes representation of the Board of Trustees and advising the staff on legal issues arising in the administration and operation of the retirement plans.
David has been associated with OkMRF since about 1975.
Meetings and Events
Investment, Contract and Administrative Committee meetings are called, as needed, and typically start at 9:00 a.m. with regular Board of Trustee meetings immediately following at 10:00 a.m.
OkMRF public meetings will be held at the following location unless otherwise notified:
1001 NW 63rd Street, Suite 260
Oklahoma City, OK 73116
Upcoming Meetings & Agendas
Board Meeting - December 20, 2018. Dean Actuaries, LLC: Topics of Interest
Finley & Cook: Audited Financial Statements 2018
Christmas Luncheon after Board Meeting
Board Meeting - January 25, 2019. ACG: 2018 Annual Summary and 2019 Initiative Review
ACG: 2019 Capital Market Assumption Analysis
Inv. Manager: JP Morgan Core Bonds
Board Meeting - July 27, 2018 Inv. Manager: TimesSquare Small and SMID Growth
Dean Actuaries, LLC: Market Impact AGENDA | MINUTES
Board Meeting - June 29, 2018 Final Budget Approval, if not approved in May
Inv. Manager: State Street (S&P Index, Russell Small Cap Index, US Bond Index, Global Equity Indexes and Targed Date Retirement Funds) AGENDA | MINUTES
Admin Committee Meeting - May 24, 2018 Review of Budget AGENDA | MINUTES
Board Meeting - May 24, 2018 Budget and Updated Contracts
Finley & Cook: Audited GASB 68 Statements AGENDA | MINUTES
Board Meeting - October 27, 2017 Review 2017 Meeting Schedule
Election of Trustee Officers
Inv. Manager: Artisan International Value
Inv. Manager: WCM International Growth AGENDA | MINUTES
Board Meeting - September 29, 2017 Dean Actuaries, LLC: Experience Study, Actuarial Methods & Assumptions
Off campus after Public Funds, Chickasaw Resort & Conference Center (CRCC) Sulphur, OK AGENDA | MINUTES
Board Meeting - August 25, 2017 Voya: Recordkeeping, DC Custodial Services and Fixed Plus
Northern Trust: DB Custodial Services
ACG: Semi-Annual Report with Investment Committee
ACG: Long-Short Review and Quarterly Update (2Q17) AGENDA | MINUTES
Board Meeting - June 30, 2017 Final Budget Approval, if not approved in May
Inv. Manager: State Street (S&P Indes, Russell Small Cap Index, US Bond Index, Global Equity Indexes and Target Date Retirement Funds)
Inv. Manager: Integrity Small Cap Value AGENDA | MINUTES
Board Meeting - May 25, 2017 Budget and Updated Contracts
Finley & Cook: Audited GASB 68 Statements AGENDA | MINUTES
Board Meeting - August 26, 2016 Voya: Recordkeeping, DC Custodial Services and Fixed Plus AGENDA | MINUTES
Board Meeting - July 29, 2016 Inv. Manager: TimesSquare Small and SMID Growth
Dean Actuaries, LLC.: Market Impact, Actuarial Methods & Assumptions AGENDA | MINUTES
Board Meeting - June 24, 2016 Final Budget Approval, if not approved in May
Inv. Manager: State Street (S&P Index, Russell Small Cap Index, US Bond Index, Global Equity Indexes and Target Date Retirement Funds) AGENDA | MINUTES
Investment Committee Meeting - February 26, 2016 AGENDA | MINUTES
Board Meeting - January 29, 2016 ACG: 2015 Annual Summary and 2016 Initiative Review
Finley & Cook: Audited Financial Statements for 2015 AGENDA | MINUTES
Investment Committee Meeting - January 28, 2016 A Special Meeting of the Board of Trustees of the Oklahoma Municipal Retirement Fund and the
Investment Committee of the Oklahoma Municipal Retirement Fund was called for Thursday, January 28, 2016 at 1:30 p.m. AGENDA | MINUTES