Treasurer Butch advocates for retirees' financial protection at county board meeting

Concerns over retirement fund security took center stage at the Oklahoma County Retirement Board's special meeting on July 10, 2025. Board members emphasized the need for robust procedures to protect retirees, particularly in light of potential self-dealing issues.

One board member voiced strong support for maintaining a vigilant approach to financial dealings, stating, "I want to make sure the procedures are in place to protect the retirees." This sentiment reflects a growing concern about the sustainability of the county's financial commitments, especially as leadership changes over time. The member underscored the importance of scrutinizing every financial deal to ensure transparency and accountability.

The discussion also highlighted the role of the county treasurer, who reassured the board of his commitment to recommending the purchase of judgments as a strategic financial tool. He noted, "As long as I'm treasurer, I will always be recommending to this board that we buy the judgments." This approach aims to save the county money while ensuring timely payments to legal representatives.

The meeting concluded with a motion to approve a financial item, which passed despite some dissent. The board's focus on safeguarding retiree interests and maintaining fiscal responsibility signals a proactive stance in managing the county's retirement funds. As discussions continue, the board remains committed to ensuring the long-term viability of the retirement system for all county employees.