Oakland Police and Fire Retirement System

Oakland Police and Fire Retirement System (PFRS) is a single-employer defined benefit public pension fund based in Oakland, California. Established in 1951, the plan provides service and disability retirements and survivor benefits for eligible sworn safety employees of the City. PFRS covers the City's uniformed employees who have not transferred to the California Public Employees' Retirement System (CalPERS). The Oakland Police and Fire Retirement System is dedicated to the protection and prudent investing of the pension funds for the benefit of the PFRS retirees and beneficiaries. The assets of the pension fund are managed by the investment and financial matters committee.