Want to change the fund your IAP is invested in?
Your opportunity to change the target-date fund in which your Individual Account Program account is invested is about to open online.
Starting September 1, you can make changes to your IAP fund through
Online Member Services. The window to make your election online will end September 30. Changes will not take effect until January 1, 2024.
Changing your fund is optional, and not every PERS member is eligible to make a change.
Read more about:
Member Choice, the part of Senate Bill 1049 that created the option of changing target-date funds.
IAP target-date funds, including the details and limitations you need to know about Member Choice before making a change.
How to use OMS to change your target-date fund.
PERS Expo 2023 registration now open
Learn more about your PERS benefits and how you can create a secure retirement.
PERS Expo 2023 will be held online and offer interactive and on-demand content, including live educational presentations and question-and-answer (Q&A) sessions on October 10 and 11. Education and Q&A content will repeat, so there is no need to attend both days.
You also can return to the event website and explore its resources for a limited time after the event.
Expo will provide you with information about your PERS benefits, additional retirement savings options, post-retirement health insurance options, the PERS retirement process, and other related topics.
Register for PERS Expo 2023 today to get started.
Retiring? Planning to work after retirement? Tell employers these two things
If you’re in the process of retiring and plan to work after retirement for a PERS-participating employer, you need to tell your future employer the following:
- What your effective retirement date is.
- That your retirement application is in process with PERS.
Failure to provide this information to your future employer could cause you to be incorrectly hired after retirement as a regular employee rather than a retiree-hire. Errors of this kind can negatively impact your retirement benefits, such as delaying payments.
Future employers who need to be notified include any PERS-participating employer you plan to work for after retirement — even your current employer, if you intend to work for them as a retiree-hire.
If you have questions,
contact Member Services for assistance.
OSGP wins NAGDCA Leadership Award
Oregon Savings Growth Plan (OSGP) has been selected as a 2023 National Association of Government Defined Contribution Administrators (NAGDCA)
Leadership Recognition Award winner! NAGDCA’s mission is to support plan sponsors and service providers of government-sponsored deferred compensation and defined contribution retirement plans in creating successful retirement security outcomes for their plan participants.
Selected under the category of
Participant Education and Communication, OSGP’s efforts to communicate the impacts of contributing a percentage of pay to public employees’ optional 457(b) plan has been identified as an exemplar of innovative solutions from peers across the public sector defined contribution industry.
Stay safe by signing up for emergency alerts
Wildfires, earthquakes, ice storms — When incidents arise in your area, how will you know what to do? Signing up for emergency alerts from OR-Alert can help you stay informed and keep safe. OR-Alert is an emergency notification system that can be activated by state and local government officials to provide real-time hazard information to Oregonians.
Sign up for alerts on the OR-Alert website.
PERS by the Numbers available online
Want to explore the details of how your pension system works? Each year, PERS, the agency, publishes PERS by the Numbers, an annual snapshot of the data and demographics that drive the Oregon Public Employees Retirement System.
Read the latest report to learn more.