Oklahoma Teacher's Retirement plan called substantially underfunded
The retirement fund for Oklahoma public school teachers is one of the most underfunded plans of its type in the nation even though it reported a 17 percent return on investments last fiscal year.
The teachers retirement system's pension fund as of June 30 totaled about $8.3 billion. During the last fiscal year its pension plan was funded to 49.8 percent — a far cry from the 80 percent experts prefer.
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