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.
OkMRF Plans and Programs
Defined Benefit Program (DB)
A plan which provides a monthly income for the retiree’s lifetime.
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Defined Contribution Program (DC)
A plan which helps participants accumulate a portable account balance in their name.
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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.
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