Funded Ratio
99.1%
actuarial assets / liabilities
Plan
Oklahoma Teachers Retirement System
State
Oklahoma
Funded Ratio
99.1%
Assets
$20.38B
Members
185,428
Health Grade: B — Adequately funded — meeting most funding benchmarks
FY2023 data Grade B Public Plans Database
Oklahoma Teachers Retirement System
Funded ratio, unfunded liability, member counts, ARC coverage, and 23-year financial history for Oklahoma Teachers Retirement System — sourced from the Public Plans Database (Boston College CRR) and cross-checked against actuarial valuations.
B
Financial Health Grade
Adequately funded — meeting most funding benchmarks
Unfunded Liability
$180M
actuarial shortfall
Total Members
185,428
active + retired + vested
1-Year Return
11.4%
net investment return
2.2pp vs 5-yr avg
5-Year Avg Return
9.2%
annualized, net of fees
ARC Payment
9.8%
of actuarially required contribution
How Oklahoma Teachers Retirement System Funded Ratio Compares
Plan Funded Ratio 99.1%
National avg
A ratio of 99.1% compared against the national public-pension average of 73.5%.
Healthy Threshold
Plans above 80% are generally considered adequately funded by NASRA standards.
Participant Composition
The active-to-retiree ratio is a leading indicator of long-term plan sustainability — plans with more retirees than active contributors face mounting cash-flow pressure as benefit payments outpace incoming contributions.
Investment Policy Mix
Public pension plans report their asset allocation in Form 5500 Schedule H Part I disclosures. Equity-heavy mixes capture market upside but introduce volatility; fixed-income tilts protect funded status during downturns at the cost of long-run return.
Historical Funded Ratio
| Year | Funded Ratio |
|---|---|
| 2024 | 99.1% |
| 2023 | 98.6% |
| 2022 | 99.3% |
| 2021 | 99.3% |
| 2020 | 98.9% |
| 2019 | 99.6% |
| 2018 | 99.2% |
| 2017 | 97.7% |
| 2016 | 97.9% |
| 2015 | 94.2% |
| 2014 | 92.9% |
| 2013 | 87.5% |
| 2012 | 89.8% |
| 2011 | 96.7% |
| 2010 | 100.3% |
| 2009 | 103.2% |
| 2008 | 106.6% |
| 2007 | 104.2% |
| 2006 | 102.6% |
| 2005 | 98.8% |
What the Data Says About Oklahoma Teachers Retirement System
Oklahoma Teachers Retirement System reports a funded ratio of 99.1% as of fiscal year 2023, earning a financial health grade of B in the Public Plans Database. The plan holds $20.38B in market assets against an unfunded liability of $180M. As a Teachers plan operating under Oklahoma sponsorship, it covers 185,428 members (100,959 active contributors, 69,432 retirees drawing benefits). These figures aggregate from Form 5500 filings submitted to the Department of Labor and actuarial valuations reported through NASRA.
A funded ratio above 80% signals that Oklahoma Teachers Retirement System has substantial assets to meet projected obligations, placing it above the national public-pension average of roughly 72–75%. Employer contributions covered 9.8% of the Annual Required Contribution in the most recent reporting cycle, while the plan posted a 5-year average investment return of 9.2%. The relationship between contribution adequacy and investment performance determines whether the unfunded liability narrows or expands year over year.
For Oklahoma taxpayers and plan members, the $180M unfunded gap represents the actuarial shortfall that must eventually be closed through a combination of contributions, investment returns, or benefit modifications. Unlike private-sector pensions governed by ERISA and backstopped by the PBGC, public plans like Oklahoma Teachers Retirement System rely on the full faith and credit of Oklahoma — meaning funding shortfalls flow through to state and local budgets rather than a federal insurance program. This information summarizes official Public Plans Database disclosures and is provided for research and educational purposes only. It is not financial, legal, or retirement-planning advice; active and retired members with specific benefit questions should consult their plan administrator directly.
Membership
100,959
Active Members
69,432
Retirees
185,428
Total Members
Plan Details
- Plan Type
- Teachers
- State
- Oklahoma
- Market Assets
- $20.38B
- ARC Payment
- 9.8%
Source: Public Plans Database (PPD)
Boston College CRR / NASRA
Boston College CRR / NASRA
Other Oklahoma Plans
- Oklahoma City Employee Retirement System 127.3%
- Oklahoma Police Pension and Retirement System 97.5%
- Oklahoma Public Employees Retirement System 85.5%
- Oklahoma Municipal Employees 80.2%
- Oklahoma Fire 79.9%
Related Resources
Frequently Asked Questions
Is Oklahoma Teachers Retirement System fully funded?
Oklahoma Teachers Retirement System has a funded ratio of 99.1% as of FY2023, earning a health grade of B. A funded ratio of 100% means the plan has enough assets to cover all projected liabilities. Ratios above 80% are generally considered adequately funded; ratios below 60% indicate significant underfunding and risk to future benefits.
What happens if Oklahoma Teachers Retirement System runs out of money?
Public pension plans like Oklahoma Teachers Retirement System are backed by the sponsoring government entity — in this case Oklahoma. If a plan's assets are insufficient, the state or local government is typically required to make up the difference through increased contributions, benefit adjustments, or tax measures. Unlike private pensions, public pensions are not insured by the PBGC, but they do carry the full faith and credit of the sponsoring government.
What does a funded ratio of 99.1% mean?
A funded ratio of 99.1% means that Oklahoma Teachers Retirement System currently has assets equal to 99.1% of its projected benefit obligations. The unfunded liability — the gap between assets and liabilities — stands at $180M. This is considered adequately funded.
How does Oklahoma Teachers Retirement System compare to other public pensions?
Oklahoma Teachers Retirement System is a Teachers plan in Oklahoma serving 185,428 members. Nationally, the average funded ratio for public pension plans tracked by the Public Plans Database is approximately 72–75%. Oklahoma Teachers Retirement System's funded ratio of 99.1% places it above the national average, reflecting strong fiscal management.
How many members does Oklahoma Teachers Retirement System have?
Oklahoma Teachers Retirement System covers 185,428 total members, including 100,959 active employees and 69,432 retirees currently receiving benefits. The ratio of active members to retirees is a key indicator of plan sustainability — when the number of retirees grows relative to active contributors, funding pressure increases.
What is the ARC payment percentage for Oklahoma Teachers Retirement System?
Oklahoma Teachers Retirement System pays 9.8% of its Annual Required Contribution (ARC). Consistently underpaying the ARC accelerates the growth of unfunded liabilities and places future benefits at greater risk. Employer contribution patterns are tracked annually in the Public Plans Database.
Related
Data sourced from official Public Plans Database and actuarial valuations from federal and state pension systems. See our methodology for details. Retrieved and formatted by Kiznis Studio Editorial
Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Public Plans Database (PPD). Consult a qualified professional before making decisions based on this data.
Read our methodology — how this data is sourced, computed, and verified.
All federal data sources used on this page
- U.S. Census Bureau ACS — demographic + housing + income data. census.gov/programs-surveys/acs
- BLS Occupational Employment and Wage Statistics (OEWS) — wage + employment by occupation. bls.gov/oes
- BEA Regional Economic Accounts — GDP + personal income by state/metro. bea.gov/data/regional
- U.S. Census Bureau County Business Patterns — establishment + employment by industry. census.gov/cbp
- IRS Statistics of Income (SOI) — tax-return aggregate data. irs.gov/statistics
- data.gov — U.S. federal open-data portal — discovery layer for additional federal sources. data.gov