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Uniform Retirement System for Justices and Judges
A Component Unit of the State of Oklahoma
Comprehensive Annual Financial Report
For the Fiscal Year Ended June 30, 2011
Retirement
Security
Retirement
Lifetime
Benefits
Vesting &
Eligibility
Working in
Retirement
Governance
Plan
Administration
Legislation &
Plan Design
Investments
Uniform Retirement System for Justices and Judges
Connections
The Uniform Retirement System for Justices and Judges (URSJJ) enjoys a long
relationship with our members beginning when a person chooses a career in public
service and culminating in a secure retirement honoring that service. This edition
of the Comprehensive Annual Financial Report highlights the connections between
URSJJ and our members throughout their working lives.
Governance URSJJ is governed by a 13-member
Board of Trustees charged with overseeing the activities
of the retirement system. Good governance relates to
having consistent management, effective policies and
appropriate oversight. Having effective governance
permits the URSJJ staff to provide quality information and
services to our members and the courts. Our activities
consist of member services and financial administration,
legislation and plan design, and investment of plan assets.
Participation URSJJ partners with the courts to
ensure new members receive the information necessary to
fully understand the benefits of being a member of the plan.
Participating Justices and judges receive high-quality written
and electronic information from URSJJ with a personal
touch from the retirement coordinator of the courts.
Service The central form of participation in any
retirement plan is service. In addition to participating
service, members of URSJJ may also purchase certain
types of service credit or be rewarded for active military
service to be used toward retirement credit.
Contributions A retirement benefit from URSJJ
is more than merely the sum of member and employer
contributions paid into the plan over a member’s career.
The investment of those contributions is vital to providing
a degree of retirement security for our members.
This publication provides detailed information on the
investment of plan assets.
Life Events The relationship URSJJ values with its
members can last many decades. Whether it is the
birth of a child, the change of career, or the death of a
loved one, URSJJ is there to assist our members with
their retirement plans through both the rewarding and
challenging events of their lives.
Member Education URSJJ takes its responsibility
of member education very seriously. Our goal is to help
our members better understand how their decisions and
circumstances today can impact their overall retirement
preparedness. We provide a series of financial planning
seminars, written publications and website designed to
keep members informed.
Retirement Retirement benefits from URSJJ are a
valuable part of our members’ overall retirement plan.
A defined benefit plan like ours provides increased
retirement security by offering a lifetime retirement
income without the risk of ill-timed market fluctuations.
We are proud of the connections we make with our
members and honoring their years of public service to
the people of Oklahoma.
UNIFORM RETIREMENT SYSTEM FOR JUSTICES AND JUDGES
This report was prepared by the staff of the Uniform Retirement System for Justices and Judges.
This publication, printed by University Printing Services, is issued by the Oklahoma Public Employees
Retirement System as authorized by its Executive Director. Seven hundred fifty copies have been
prepared and distributed at a cost of $4,417.50. An electronic version of this publication has been
deposited with the Publications Clearinghouse of the Oklahoma Department of Libraries.
UNIFORM RETIREMENT SYSTEM FOR JUSTICES AND JUDGES
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Object Description
Description
| Title | 2011 URSJJ Cover TOC |
| OkDocs Class# | E3600.3 A615j 2010/11 |
| Digital Format | PDF, Adobe Reader required |
| ODL electronic copy | Downloaded from agency website: http://www.opers.ok.gov/Websites/opers/Images/pdfs/11URSJJ1.pdf |
| Rights and Permissions | This Oklahoma state government publication is provided for educational purposes under U.S. copyright law. Other usage requires permission of copyright holders. |
| Language | English |
| Full text | Public Service CareeR Participation Worker’s Compensation Court Court of Civil Appeals District Court Court of Criminal Appeals Supreme Court Participating Service Service Purchase Military Service Service Contributions Employer Contributions Member Contributions Life Events Family Career Change Health Education Member Education Publications Financial Planning Seminars Web Connections Uniform Retirement System for Justices and Judges A Component Unit of the State of Oklahoma Comprehensive Annual Financial Report For the Fiscal Year Ended June 30, 2011 Retirement Security Retirement Lifetime Benefits Vesting & Eligibility Working in Retirement Governance Plan Administration Legislation & Plan Design Investments Uniform Retirement System for Justices and Judges Connections The Uniform Retirement System for Justices and Judges (URSJJ) enjoys a long relationship with our members beginning when a person chooses a career in public service and culminating in a secure retirement honoring that service. This edition of the Comprehensive Annual Financial Report highlights the connections between URSJJ and our members throughout their working lives. Governance URSJJ is governed by a 13-member Board of Trustees charged with overseeing the activities of the retirement system. Good governance relates to having consistent management, effective policies and appropriate oversight. Having effective governance permits the URSJJ staff to provide quality information and services to our members and the courts. Our activities consist of member services and financial administration, legislation and plan design, and investment of plan assets. Participation URSJJ partners with the courts to ensure new members receive the information necessary to fully understand the benefits of being a member of the plan. Participating Justices and judges receive high-quality written and electronic information from URSJJ with a personal touch from the retirement coordinator of the courts. Service The central form of participation in any retirement plan is service. In addition to participating service, members of URSJJ may also purchase certain types of service credit or be rewarded for active military service to be used toward retirement credit. Contributions A retirement benefit from URSJJ is more than merely the sum of member and employer contributions paid into the plan over a member’s career. The investment of those contributions is vital to providing a degree of retirement security for our members. This publication provides detailed information on the investment of plan assets. Life Events The relationship URSJJ values with its members can last many decades. Whether it is the birth of a child, the change of career, or the death of a loved one, URSJJ is there to assist our members with their retirement plans through both the rewarding and challenging events of their lives. Member Education URSJJ takes its responsibility of member education very seriously. Our goal is to help our members better understand how their decisions and circumstances today can impact their overall retirement preparedness. We provide a series of financial planning seminars, written publications and website designed to keep members informed. Retirement Retirement benefits from URSJJ are a valuable part of our members’ overall retirement plan. A defined benefit plan like ours provides increased retirement security by offering a lifetime retirement income without the risk of ill-timed market fluctuations. We are proud of the connections we make with our members and honoring their years of public service to the people of Oklahoma. UNIFORM RETIREMENT SYSTEM FOR JUSTICES AND JUDGES This report was prepared by the staff of the Uniform Retirement System for Justices and Judges. This publication, printed by University Printing Services, is issued by the Oklahoma Public Employees Retirement System as authorized by its Executive Director. Seven hundred fifty copies have been prepared and distributed at a cost of $4,417.50. An electronic version of this publication has been deposited with the Publications Clearinghouse of the Oklahoma Department of Libraries. UNIFORM RETIREMENT SYSTEM FOR JUSTICES AND JUDGES ���� �� ���� �� �� ��� |
| Date created | 2011-12-06 |
| Date modified | 2011-12-06 |
