Public Employees’ Retirement System (PERS) Updates 

***PERS Update - For Informational Purposes Only***

This information is being provided to assist employees in researching, reviewing, and evaluating how proposed PERS reform and/or changes may impact their retirement benefits. 

Employees are responsible for researching, verifying, and evaluating how these changes and reform measures may impact them and their retirement benefits. 

OSU is NOT providing legal interpretation of the PERS reform and/or changes and cannot evaluate how these changes may impact an individual employee’s retirement benefits.


 2018 Legislative Session Adjourned, March 3, 2018.

PERS UAL Task Force.   Members of the public can learn more on the task force’s website and are encouraged to submit comment to task force members by emailing​. Comments will be reported to task force members at subsequent public meetings.  

There are multiple bills that have been introduced in the 2018 legislative session dealing with retirement programs.  Below are some of the bills that may impact the PERS programs.  You are encouraged to research and monitor PERS legislation to determine how these changes may impact you.


To follow these bills and/or any of the other bills in currently in the Legislature, viste the Oregon State Legislative website.

To search bills - In the "Search Bills" box (right handside of page)

  • enter "retirement"
  • then refine search by selecting


PERS comments on 2018 Legislative Session  (

The Oregon Legislature will convene its next legislative session on February 5, 2018. Some legislators or committees may introduce bills that could affect PERS benefits accrued in the future (after the bill's passage). We cannot speculate on whether a particular bill will be approved by the Legislature and Governor, nor assess what impact the bill might have on future benefit levels.

We encourage members to monitor the progress of legislation on the Oregon Legislature's website. That website provides ways for you to sign up for updates about bills, committees, news, and other information of interest.

Until any bills are adopted and signed, PERS Member Services cannot provide answers about how any proposal may impact those future member benefits.​


2018 PERS Proposed Legislation - House Bill 4131

House Bill 4131:  First reading of HB4131 was on February 5, 2017.  The bill provides that members of PERS may not accrue pension benefits for future service.  Requires member and employer to each contribute 4% of member's salary to individial account program (IAP).  All years of service toward retirement pension calculation stops accruing as of the effective date of the bill or expiration of any bargaining agreement.  Contributions into the IAP are set at 4% for the employee and the employer.  Employer contibutoins are creditied to an employer account established for the member.  Employer cannot "pickup" the employee contribution after the effecitve date of the bill or expiration of bargaining agreement.  [PERS Tier 1, Tier 2 and OPSRP members]

  • Full text of the bill - as introduced
  • Overview of bill (see current status, amendments, subscribe to updates)
  • Referred to Business and Labor with subsequent referral to Ways & Means
  • As of February 27, 2018, no meetings and/or further discussions have been scheduled
  • Session has adjourned, no movement on bill.


2018 PERS Proposed Legislation - House Bill 4070

House Bill 4070:  First reading of HB4070 was on February 5, 2017.  Establishes retirement benefits payable under Oregon Public Service Retirement Plan to persons who establish membership in Public Employees Retirement System on or after effective date of Act. Provides that such persons do not become members of pension program of plan. Requires employers of such persons to make employer contributions to plan in amount equal to 10 percent of member's salary. Allows person to contribute additional two percent of salary, which is matched by employer. Provides break in service and change in service rules for persons who established membership in system before effective date of Act. Requires employer contribution rate set by Public Employees Retirement Board to be at least 18 percent of salary. For years beginning in 2019, caps at $200,000 annual salary used to calculate final average salary for purposes of Tiers 1 and 2 of system. Directs Oregon Investment Council to offer high, medium and low risk options for investment of individual accounts established under system. Directs board to adopt rules allowing members to elect from risk options.

*Bill contains $100,000 as the subject salary.  Discrepancy between summary and language of the bill.

  • The full text of bill - as introduced
  • Overview of bill (see current status, amendments, subscribe to updates)
  • Referred to Business and Labor with subsequent referral to Ways & Means
  • As of February 27, 2018, no meetings and/or further discussions have been scheduled
  • Session has adjourned, no movement on bill.


2018 PERS Proposed Legislation - House Bill 4046

House Bill 4046:  First reading of HB4046 was on February 5, 2018.  Provides that outside compensation of employee of public university or community college is not included in employee's salary for purposes of Public Employees Retirement System. Declares emergency, effective on passage. [Tier 1, Tier 2, OPSRP].   


2018 PERS Proposed Legislation - Senate Bill 1561

House Bill 4046:  First reading of SB161 was on February 5, 2018.  Employers can no longer "pickup"/pay employee contribution into the IAP account effective January 1, 2019 or expiration of union contract, whichever is later; creates a "member pension contribution account" and requires the member to pay into that account (can use the employee contribution that is being paid into the IAP for this contribution); Tier 1 & Tier 2 requires 6% contribution into the member pension contribution account; OPSRP requires 4% into the member pension contribution account (2% would o into the IAP account) 

2018  PERS and Legislative Analysis of Bills and/or Amendments





  • Go to the Oregon State Legislature website
  • From the "Bills and Laws" tab,
  • Select  "Current Session Details"
  • Select "Bills" icon (in the top blue header)
  • Type in word/phrase to search; or
  • If you know the bill number, select it from the list of Senate or House bills


  • Request written estimate:
    • Form
    • Use the written benefit estimate request if your pension estimate needs to be processed by the PERS divorce unit
    • Maximum vacation payout for an Unclassified employee is 180 hours
    • OSU does participate in the PERS sick leave program
    • Retirement date is always the first of the month, regardless of last day worked
    • ORP members (Optional Retirement Plan with Valic, Fidelity or TIAA) –
      • use salary data from date last in a PERS position (i.e., 1996)
      • use sick leave balance at the time membership changed from PERS to ORP (i.e., 1996)
      • do NOT use a vacation balance because unused vacation (if applicable) was not paid out when you changed to the ORP pension program
  • Fax (503-598-0561) or mail form directly to PERS
  • PERS processes request in the order of retirement date (not in the order requests are received).  Recommend using the earliest retirement date possible.
  • Online Pension Estimate
    • >click on Online Member Services
    • > Select “Log In”
    • >"Open a New Account" and then login. 
    • > You're now on the Account Home Page. 
    • > Scroll down and click on "Member" in the "Account Plan" section, you are now on the Account Summary Page.
    • > Click on "Benefit Estimate" (on the left hand side of the screen)
    • > Click on "Create a New Benefit Estimate", the system will ask a series of questions (i.e., retirement date, beneficiary, etc.)


What if I am a member of the Optional Retirement Plan (ORP) with Valic (prior to 2007), Fidelity, or TIAA - Does this impact me?

Unclassified employees hired prior to 1996: employees made a choice in 1996 to either stay with PERS or to change to the ORP plan.  Many of these employees were vested in the PERS program at that time and continue to have membership in the PERS program. 

Unclassified employees hired after 1996:  these employees had a choice to remain in PERS (if they were coming from another Oregon PERS employer), elect PERS for the first time, or to participate in the ORP plan after serving their initial 6-month waiting period with the university.  If the employee was already a PERS member, they would also elect to maintain their account with PERS or to transfer the accounts.

ORP members that continue to have a PERS account, could be impacted by the changes being proposed to the PERS programs.  The impact will depend on which PERS Tier (Tier 1, Tier 2, OPSRP) plan you participate in as well as the projected formula you are estimated to retire under.  For Tier 1, possibities include Full Formula, Full Formula+Annuity (hired prior to 1981), or Money Match.  For Tier 2 and OPSRP employees, Full Formula is the formula you will retire under.  The PERS Average Ending Salary is calculated a little differently between the various tiers.  Therefore, it is important to know which Tier you belong and which formula you are estimated to retire under.  Please refer to the How to Calculate Your PERS Pension Benefit section on how to do an online estimate or submit a written estimate.