State of Oregon: MEMBERS - Member Annual Statement FAQs

Annual Statement Information for All Members

All PERS members who have worked in a qualifying position since January 1, 2004, have two components to their PERS retirement:

A pension benefit [Tier One, Tier Two, or Oregon Public Service Retirement Plan (OPSRP)].
An account-based benefit [your Individual Account Program (IAP)].

Your 2018 Member Annual Statement includes important details about both benefits, with data submitted by your PERS-covered employer and annual earnings credited as of December 31, 2018.

IMPORTANT IAP INFORMATION. Beginning in 2018, IAP accounts shifted from a one-size-fits-all investment format to customized, age-based IAP Target-Date Funds designed by the Oregon Investment Council (OIC) for Oregon public employees. 2018 Member Annual Statements include a special insert with information about the OIC investment strategy change.

Want to know more about your retirement program?

PERS offers:

Education sessions (Tier One/Tier Two, OPSRP) throughout the state for members at any stage of their careers.
A summary of the key steps to retire (Tier One/Tier Two, OPSRP) and Pre-Retirement Guides (Tier One/Tier Two, OPSRP).
Our Member Services team is happy to answer any additional questions and be your retirement education and planning resource.

Membership-Specific FAQs and Interactive Example Statements, by Statement Type

Statement Type	FAQs	Interactive Example
Tier One/Tier Two (hired before August 29, 2003)	Tier One/Tier Two FAQ	Tier One Interactive Example Statement (hired before January 1, 1996) Tier Two Interactive Example Statement (hired on or after January 1, 1996, and before August 29, 2003) Tier Two "Zero Dollar Balance" Interactive Example Statement (Certain Tier Two members who were generally hired in the six months before August 29, 2003, are Tier Two members but do not have a Tier Two account balance. Their contributions began after January 1, 2004, when contributions only went into the IAP.)
OPSRP (hired after August 28, 2003)	OPSRP FAQ	OPSRP Interactive Example Statement
Police Officer & Firefighter Units (Tier One/Tier Two only)	P&F FAQ
IAP Only [Members who retired or withdrew their pension but not their IAP (before 2011) or only have IAP for other reasons]	IAP FAQ
Alternate Payee (Divorce-related accounts)	AP FAQ
Judge Members	Judge FAQ
Loss of Membership (Tier One/Tier Two only, to be mailed late September 2019)	LOM FAQ (last year's FAQ from September 2018)

Please note the "Interactive Example Statements" will work best by downloading and saving the PDF to your computer. You can hover over any piece of data outlined in green to read tips and more information (requires an up-to-date version of Adobe Acrobat Reader).

In compliance with the Americans with Disabilities Act (ADA), PERS will provide PDF 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.