IAP Target-date Funds:
Latest Year-To-Date Earnings (2024)
Earnings available as of the end of
| January | February | March | April | May
| June | July | August | September | October | November | December | 2024 Final Earnings Credited |
|---|
Retirement Allocation Fund
| 0.40% | 0.36% | 1.76%
| -0.16% | 2.28% | 3.31% | 5.69% | 7.86% | 9.68% | 7.33% | 9.12% | 7.51% | 7.39%
|
|---|
| 2025 | 0.25% | 0.39% | 1.33% | 0.07% | 1.66% | 2.27% | 3.69% | 4.98% | 6.04% | 4.67% | 5.75% | 4.77% | 4.69%
|
|---|
2030
| 0.21% | 0.95% | 2.14% | 0.74% | 2.51% | 3.12% | 4.37% | 5.65% | 6.67% | 5.34% | 6.85% | 5.59% | 5.54%
|
|---|
| 2035 | 0.15% | 1.27% | 2.59% | 1.21% | 3.09% | 3.66% | 4.78% | 6.09% | 7.06% | 5.83% | 7.51% | 6.22% | 6.18%
|
|---|
| 2040 | 0.00% | 1.54% | 3.06% | 1.55% | 3.65% | 4.28% | 5.41% | 6.81% | 7.88% | 6.58% | 8.51% | 7.05% | 7.01%
|
|---|
| 2045 | 0.01% | 1.65% | 3.22% | 1.69% | 3.84% | 4.44% | 5.56% | 6.98% | 8.06% | 6.72% | 8.65% | 7.17% | 7.12%
|
|---|
| 2050 | 0.21% | 1.83% | 3.36% | 1.85% | 3.97% | 4.56% | 5.66% | 7.05% | 8.10% | 6.76% | 8.65% | 7.17% | 7.11%
|
|---|
| 2055 | 0.20% | 1.75% | 3.22% | 1.76% | 3.79% | 4.33% | 5.37% | 6.69% | 7.68% | 6.35% | 8.12% | 6.66% | 6.59%
|
|---|
| 2060 | 0.18% | 1.64% | 3.00% | 1.60% | 3.49% | 3.96% | 4.90% | 6.14% | 7.03% | 5.72% | 7.33% | 5.88% | 5.78%
|
|---|
| 2065 | 0.18% | 1.64% | 2.96% | 1.56% | 3.40% | 3.80% | 4.68% | 5.87% | 6.67% | 5.34% | 6.84% | 5.39% | 5.23%
|
|---|
- Note: PERS credits each IAP TDF (the entire fund) with earnings on a monthly basis (see table for monthly
earnings rates). However, individual accounts for members who have not yet retired will only see IAP TDF
earnings credited on an annual basis, using the “final” rate for the year. Monthly rates are not applied to
nonretired individual member accounts.
- The latest year-to-date rates (see table) are only directly allocated to 1) retirees who elect to receive a
lump-sum payment (or rollover) of their IAP account at retirement or 2) to members who elect to withdraw their
IAP accounts.
- Earnings are credited based on the latest monthly year-to-date calculation available and may differ from
investment returns reported by the Oregon State Treasury. This is due to administrative expenses and reserving
requirements provided in statutes, administrative rules, and PERS Board actions. Full information can be found
in OAR
459-080-0200 and OAR
459-007-0320.
If you are a retiree currently receiving IAP installment payments, see the
Financials – IAP Installment Payments webpage
for information about the earnings rates used to credit your IAP installment account.
Both PERS and Oregon State Treasury publish crediting rates for the IAP, but they differ for several reasons. Read more
about it on our Why PERS and Treasury crediting rates differ for Individual Account Program funds webpage.
Previous IAP earnings
In compliance with the Americans with Disabilities Act (ADA), PERS will provide documents on this page in an
alternate format upon request. To request a document in an alternate format, call 888-320-7377 (toll free) or
TTY 503-603-7766.
Current IAP
earnings (for retired members receiving IAP installment payments)