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The Teachers’ Retirement System Board of Trustees is accepting applications for the position of Executive Director. For more information on this position including how to apply, click here.

 

We are pleased to announce that our office has moved to a new location. Our new address is: 301 NW 63rd Street, Suite 500 Oklahoma City, OK 73116-7921

 

Important Notice Regarding Covid-19 - To ensure the safety and protection of our members, as well as our staff, the Teachers’ Retirement System of Oklahoma is suspending all in-house appointments and consultations at this time. This is effective March 17, 2020 until further notice. The Drop Box for submitting documents located on the west side of the Will Rogers Building by the State Capitol building is no longer for TRS use. Please mail documents, or for urgent situations, you can drop off documents at the TRS office. Please note we are still not open for in-person meetings.

Post Retirement Health Insurance Benefits

At retirement (or termination) vested members may elect to continue health insurance coverage in the insurance program in which they were enrolled in prior to termination of employment. This can be the OMES Employees Group Insurance Plan offering or a private health insurance plan provided by the local school district, college or university. Dependent and dental coverage is available when you are enrolled in the OMES Employees Group Insurance Plan. If your insurance plan is not the state plan, dependent coverage is subject to the provisions of the specific plan.

TRS will pay the first $100 to $105 of monthly premiums for each participating retiree (not dependents). The actual amount paid by TRS is determined by your total service and average salary at retirement (74 O.S. 1316.3). If you are enrolled in the state plan, TRS deducts the balance of monthly premiums, including dependent coverage, and forwards your premiums and the TRS supplement to the insurance plan. When you are covered by an employer health insurance plan other than the state plan, the TRS monthly premium supplement is paid directly to the local employer on your behalf, but TRS cannot deduct the balance of premiums from your monthly benefit check.

Non-vested members who terminate employment have certain rights under federal law to continue health insurance coverage after employment ends.

TRS has no control over the costs of insurance. Every retiring or terminating member should request information about continued coverage from the local school's payroll office or the OMES Group Insurance Division before termination.

Last Modified on Dec 03, 2020
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