Most Active Stories
- Roland Clinic Draws Scrutiny From Oklahoma Drug Enforcers
- ‘Pride Of The Plains’: National Geographic Calls Oklahoma City ‘Best Trip’ Of 2015
- Christmas Bird Count In Oklahoma Starts At Chickasaw National Recreation Area
- ‘The Price Of Sex’: Documentary Sheds Light On International Sex Trade
- Bill Calls For Deregulation Of State-Produced Firearms
Mon October 14, 2013
Wilbanks Fired As Head Of Oklahoma Teachers Retirement System
The executive director of the Oklahoma Teachers Retirement System was fired after trustees found out he granted severance packages to a dozen employees without obtaining the required approval.
Trustees of the retirement system voted to fire James Wilbanks on Oct. 2.
The Oklahoman reported Monday that decision comes after trustees found out Wilbanks granted severance packages to a dozen employees without obtaining required approval from the director of the state Office of Management and Enterprise Services.
Wilbanks told The Oklahoman that he was unaware of the legal requirement for approval when he signed off on the severance agreements.
Twelve unclassified employees of the state Teachers Retirement System have been granted severance packages totaling more than $300,000 since Wilbanks became executive director in January 2009.
KGOU is a community-supported news organization and relies on contributions from readers and listeners to fulfill its mission of public service to Oklahoma and beyond. Donate online, or by contacting our Membership department.