OKLAHOMA'S TEACHER RETIREMENT SYSTEM
YPS contributes 7% of total compensation
YPS pays for both the employee and employer portions
OKLAHOMA HEALTH INSURANCE ALLOWANCE
Employees enrolled in health insurance receive $679.62/month (effective 1/2024)
Employees NOT enrolled in health insurance
Certified - $69.71
Support - $189.69
$10,000 LIFE INSURANCE POLICY (Group Life)
Group Life Insurance through Reliance Standard - BayBridge
For employees 65+, the benefit is only $6,700
VISION INSURANCE PREMIUM
Employees who enroll in the VSP Vision Insurance Plan
The district pays for employee's premium only
who qualifies for benefits?
All certified employees working in certified positions
Support employees who work in a position (or multiple positions that equal) 6 hours per day, 172 days, or a minimum of 1032 hours per year
Support employees who work 4 hours per day or 20 hours per week qualify for partial insurance & benefits
what are my Benefits?
Health Plan (district pays monthly allowance)
Dental Plan
VSP Vision Plan (Employee is paid for by district)
Life Insurance (District pays for a $10,000 policy)
Flexible Benefit Allowance
District Paid Group Life Insurance
Section 125 "Cafeteria" Plan
403(b)/457 Investment Options
Disability Plans
Discounted Gold's Gym Membership
Oklahoma Teacher's Retirement Savings Account: Support non-administrative employees eligible for full participation "made whole" after 7 years with the district.
***ALL BENEFITS ARE SUBJECT TO CHANGE***
types of Leave available:
Sick Leave - 1 day earned for each full month worked
Personal - 3 days (unused personal days will roll into sick leave at the end of the school year)
Annual - 3 days (Employee cost: certified $70/day, support .5 daily rate)
Bereavement - 5 days
Vacation - Pertains to 237, 238, 251, and 252 days contracted personnel only
Leave types and explanations can be found on the Leave Summary Sheet.
