OkMRF Resources

OkMRF offers several plan designs and program alternatives so member municipalities can select the program that best meets their employment needs. To learn more, click on the program options below.

View OkMRF Features and Benefits Brochure

For a holistic view of all OkMRF plans and their unique features and benefits.

OkMRF Plans and Programs

Defined Benefit Program (DB)
A plan which provides a monthly income for the retiree’s lifetime.
View Defined Benefit Brochure | View Defined Benefit Forms

Defined Contribution Program (DC)
A plan which helps participants accumulate a portable account balance in their name.
View Defined Contribution Brochure | View Defined Contribution Forms

Customized Manager Option Program (CMO)
OkMRF Customized Manager Option Plan was expressly designed for city managers and administrators, providing a defined contribution program structure with immediate vesting and portability between member cities.
View Customized Manager Option Brochure | View Customized Manager Option Forms

We are pleased to know of your interest in joining OkMRF! Members must be a municipality, public trust having municipal beneficiaries, an interlocal cooperative between a municipality and their public trust or any legal entity comprising legal authority as defined in Chapter 48 of Title 11 Oklahoma Statutes. We will help you design the retirement program that is just right for your Municipal Agency and employees.

OkMRF Staff prepares all plan documents including resolutions, ordinances and joining documents for your governing body’s approval.

We make it as easy as 1 2 3 ! Here’s how:

Illustration for steps to design a Defined Benefit program

Steps to design a DB Program

Together we will:

Prepare your employee census data such as: name, gender, date of birth, full time hire date and W‑2 gross annual wages and submit to the OkMRF offices
Help you design the new program [PDF]
OkMRF’s actuary issues an actuarial report to determine costs for you to provide the benefits

Your governing body needs to:

Approve a resolution to adopt OkMRF Trust Indenture [PDF]
Approve an ordinance to adopt the Joinder Agreement [PDF] and Master Defined Benefit Plan [PDF]
Appoint an Authorized Agent [PDF] (OkMRF’s primary contact)

Illustration for steps to design a Defined Contribution or CMO program

Steps to design a DC/CMO Program

Together we will:

Help you design the new program [PDF]

Your governing body needs to:

Approve a resolution to adopt OkMRF Trust Indenture [PDF]
Approve an ordinance to adopt the Joinder Agreement [PDF] and Master Defined Contribution Plan [PDF]
Appoint an Authorized Agent [PDF] (OkMRF’s primary contact)

Illustration for OkMRF administrative forms

View Proof of Age Instructions

Our forms are designed to meet the needs of our Members, Participants and Retirees.

Browse Defined Benefit Forms
Browse Defined Contribution/CMO Forms
Browse Retiree Medical Forms

Illustration for the OkMRF resource material library

OkMRF planning tools and resources are designed to help enroll, educate and support both Member and Participant needs.

Browse Resource Library

To help assist Participants plan and save for the future check out these worthwhile links:

Voya Websites and Online Resources

myOrangeMoney^®myOrangeMoney is designed to give you a simple and actionable view of your retirement income needs and your current progress towards meeting those needs whether in 5 years or 40 years. Our goal is to make sure you know where you stand regarding your readiness to retire and to ensure that you know how to improve your outlook.

My Retirement Overview^®
Using the “Let’s look at my Retirement” tool, you will identify any potential future shortfalls in your retirement savings and get a better understanding of what’s needed to meet your retirement income objectives. Using the “Let’s look at my Paycheck” tool, you will determine how much you can afford to contribute each paycheck to your retirement plan.

Retire Better® Blog
Arming you with practical tips and insights to help you to and through retirement.

Voya Cares
The Voya Cares program is committed to being a leader in making a positive difference in the lives of people with disabilities and special needs from birth through aging, by providing advocacy, resources and solutions. Special Needs Planning Checklist

Voya Learn
Voya Learn’s live and on-demand sessions are designed to help you achieve the financial future you envision. Sign up for an upcoming live sessions or watch any of the on-demand videos 24/7.

Budget Calculator
Get your 50/30/20 budget (50% Needs, 30% Wants, 20% Savings) and then personalize it to your priorities and situation.

Get Back on Track
Your financial plans and goals may have gotten off track last year. Whether you had to take a distribution from your retirement account or stopped saving in general, now can be the time to realign on your savings goals. Check out our videos, articles, tools and resources to help you get organized and back on track.

Financial Wellness Assessment
Financial wellness is about achieving a healthy balance between living for today while preparing for tomorrow. There are six pillars of financial wellness that provide a practical framework for managing your financial life. Complete the financial wellness assessment to see how you’re doing in each of the pillars.

College Savings Calculator
How much might you need for college? With just a few pieces of information, this tool will help identify the potential costs of sending one or more children through college. The sooner you start saving, the better you can prepare for these costs.

Federal / State Government Websites

Social Security
Avoid the wait and sign up for your benefits online. Get started.

State of Oklahoma
Official state site with links to state agencies, information for visitors and residents , education, recreation, health and public safety, facts and history.

Medicare
Information on Medicare, including comparisons of medicare and medigap plans.

Centers of Medicare
US federal agency which administers Medicare, Medicaid, and the State Children’s Health Insurance Program.

Internal Revenue Service
The IRS is the U.S. government agency responsible for tax collection and tax law enforcement. Contains downloadable forms, instructions, and agency information.

Click on the links below to open a list of Frequently Asked Questions in each category.

Administration
Distributions
Payroll
Loans
Audit and Actuarial Studies
Enrollment
Participant Information and Changes

OkMRF Resources

Plan Design and Alternatives

OkMRF Plans and Programs

How to Join OkMRF

Steps to design a DB Program

Steps to design a DC/CMO Program

OkMRF Administrative Forms

Resource Material Library

Useful Links

Frequently Asked Questions