Retirement News

News

PERS IAP Target Date Fund (TDF)

• PERS members in the Individual Account Program (IAP) are currently invested in the default IAP investment option, an age-based IAP Target-Date Fund (TDF). As a result of SB 1049, in September 2020 PERS members can now choose a TDF for the upcoming calendar year that better reflects their retirement savings goals or personal risk tolerance. Forms submitted through the PERS Online Member Services (OMS) can only be completed during September of each year, and are a one-time, irrevocable election. Because 2020 is the inaugural year for Member Choice, paper forms will only be available starting September 1.
• How to Make an IAP Target-Date Fund Election Online
• Questions? Contact PERS at 888-320-7377 or Submit A Question

PERS IAP Re-direct

• IAP Redirect information for PERS Tier 1 & Tier 2 Members
• IAP Redirect information for PERS OPSRP (Tier 3) Members
• Can I make additional voluntary contributions related to the IAP Re-direct?
  • SB 1049 provides an option for you to make voluntary contributions, to have a total of 6% of your salary go into your IAP. PERS members can voluntarily elect to make additional after-tax contributions (to be deducted by your employer) of the redirected amount.
  • To elect to make voluntary contributions to the IAP, login to your PERS Online Member Services (OMS) account.
• PERS IAP Redirect FAQ
• Questions? Contact PERS at 888-320-7377 or Submit A Question

Newsletters

Oregon Public Employees Retirement System (PERS)

• PERS Newsletter Home
  • Perspectives for PERS Tier 1 & Tier 2 Members
  • Perspectives for PERS OPSRP (Tier 3) Members
  • Perspectives for PERS Retired Members

Oregon Public Universities Retirement Plans (OPURP)

• Optional Retirement Plan (ORP) & Tax Deferred Investment (TDI) 403(b) - Newsletter
• Optional Retirement Plan (ORP) & Tax Deferred Investment (TDI) 403(b) - What's New

Archived News

The CARES Act Provisions (OPURP ORP and TDI (403b) Plans)

PERS 2019 Updates