PERS Pre-Retirement Guide
The PERS Pre-Retirement Guide will help you understand the difference between the various payout options you receive from the online and/or written estimate.
- PERS Tier 1 & Tier 2 Pre-Retirement Guide - hired and/or became PERS members prior to August 23, 2003
- PERS OPSRP Member Pre-Retirement Guide - hired on or after August 29, 2003
Request a PERS Written Estimate
- May request two (2) free estimates in a year
- Must be within 2 years of retirement (age 55 OR 30 years of service)
- Estimate requests are processed in order of the estimated retirement date on the form (not the date received)
- For Tier 1 & Tier 2 members, the estimate will include the cost to purchase “Wait Time” and any other specified purchases (e.g., forfeited time or Military time)
- Mail (PO Box 23700 Tigard OR 97281-3700) or fax (503-598-0561) your form directly to PERS
PERS Tier 1 & Tier 2 Estimate Request Form - hired and/or became PERS members prior to August 23, 2003
OPSRP Estimate Request Form - hired on or after August 29, 2003
Submit completed Estimate Request Form directly to PERS:
- US Mail: PERS, P.O. Box 23700, Tigard, OR 97281-3700
- Fax: 503-598-0561
PERS Online Forecast for IAP Periodic Payments:
- PERS IAP Disbursement Forecaster
- Your IAP account is in addition to the life-time benefit amount you receive from your PERS Tier 1, Tier 2, or OPSRP (Tier 3) pension benefit.
- The IAP account was created in January 2004. Since that time, the 6% employee contribution (which OSU currently pays on your behalf) is deposited in this account.
- You can take a full distribution, roll it to another retirement savings account, or take installments over a period of time (5, 10, 15, 20 or estimated life time).
- Payments will end once the account has been fully distributed.
- To find out the balance in your IAP account, you can:
- Refer to your annual statement (received in May of each year); or
- Log into your IAP account at PERS’ Voya Individual Account Program website.
- If you do not have a password call PERS at 888-320-7377 OR 503-598-7377 and it will be mailed to you; or
- Call PERS at 888-320-7377 OR 503-598-7377.
Online PERS Pension Estimate
PERS FAQs for Tier 1 & Tier 2 Members - hired and/or became PERS members prior to August 23, 2003
PERS FAQs for OPSRP (Tier 3) Members - hired on or after August 29, 2003
How to Create Your PERS Online Member Services (OMS) account
PERS Online Member Services Website
- Click on Online Member Services Log on or create an account (in the Resources box on the right hand side of the screen )
- Select “Log In”
- "Open a New Account" and then login
- You are now on the Account Home Page
- 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 now ask you a series questions (i.e., retirement date, beneficiary, etc.)