The Public Employee Retirement System (PERS) is the retirement system for most public service workers in Oregon, including state employees. PERS-covered employees hired on or after Aug. 29, 2003, are Oregon Public Service Retirement Plan (OPSRP) members, unless membership was previously established in PERS. OPSRP has two components: the Pension Program and the Individual Account Program.
The OPSRP Pension Program is funded by your employer and provides a lifetime pension. It is designed to provide approximately 45 percent of your final average salary at retirement, for a general service member with a 30-year career. Final average salary is generally the average of the highest three consecutive years (or less if you were employed for less than three years) or one-third of total salary in the last 36 months of employment.
For more information about PERS and retirement plans go to http://www.oregon.gov/pers/Pages/index.aspx
Best time to call Customer Service: The busiest telephone volume days for PERS are Mondays and the first three business days of the month. In addition, PERS experiences increased call volume from 8:30 a.m. to 10 a.m. each day. Calls are placed in a queue and answered in the order received.
What is PERS?