Oklahoma Law Enforcement Retirement System Overview
Public Pension Fund
Oklahoma Law Enforcement Retirement System General Information
Oklahoma Law Enforcement Retirement System (OLERS) is a single-employer, cost-sharing defined-benefit public pension fund based in Oklahoma City, Oklahoma. Established in 1947, the plan covers members who have actively participated in being qualified law enforcement officers. The pension provides defined retirement benefits based on members' final average compensation, age, and term of service. Its mission is to administer retirement, survivor retirement, and medical benefits for members of the law enforcement professionals of the state of Oklahoma and their families. The Oklahoma Law Enforcement Retirement System board of trustees is responsible for the operation, administration, and management of the System. The board also determines the general investment policy of the system's assets.