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Full-time State of Oklahoma employees are eligible for several types of time off and entitled to additional benefits, including the following: Leave. Insurance. Longevity Pay. Schedules. Retirement.
Commonly called a 457 plan, the Deferred Compensation Plan allows eligible employees to supplement any existing retirement/pension benefits by contributing and investing pre- tax dollars through voluntary salary deferrals.
The Oklahoma Public Employees Retirement System (OPERS) administers retirement plans for several different types of Oklahoma state and local government employees. The primary plan is a defined benefit retirement plan.
Pathfinder is a defined contribution retirement savings program composed of a 401(a) Plan for mandatory contributions and a 457(b) Plan for additional voluntary contributions.
Paid Time Off (PTO) in Oklahoma Private employers in Oklahoma are not required to provide paid or unpaid vacation. However, if an employer chooses to offer vacation leave to its employees, paid or unpaid, it must comply with appropriate state law, established company policy, and the employment contract.
A state paid statutory benefit for covering the cost of health insurance over a twelve (12) month period. If not taking health insurance but qualify, may take the ?In Lieu of FBA? benefit as taxable compensation.
Filters Years of ServiceAnnual Longevity PaymentAt least 4 years but less than 6 years$426.00At least 6 years but less than 8 years$626.00At least 8 years but less than 10 years$850.00At least 10 years but less than 12 years$1,062.007 more rows
90 Points ? You can begin receiving full, unreduced retirement benefits when you are at least 60 years of age and the sum of your age and years of service equals 90**.