Skip to the main content of the page

MEMBERS

Skip Navigation LinksPublic Employees Retirement System / MEMBERS / I Want to Retire

I Want to Retire

Steps to retire.
(Only steps six and eight are required, but we recommend you consider the others.) 
Step 1: Am I Eligible To Retire?
​​How do I know if I am eligible to retire? If you are a school employee, read Creditable Service for School Employees for more information.​
Step 2: Read The OPSRP Overview And Benefit Calculation Document.
​Read the OPSRP Overview and Benefit Calculation document.
Step 3: Get a Benefit Estimate.
​Get a benefit estimate. You can use Online Member Services or request a written benefit estimate.
 
PERS processes many written benefit estimates in retirement date order, with the earliest retirement dates first. We perform eligibility reviews on approximately 35 percent of members who request an estimate. This can cause a delay, but we are able to identify eligibility issues before the estimate is generated.
 
Benefit estimates use updated actuarial factors effective January 1, 2020.​
​
Step 4: Register for a Retirement Education Presentation
Register for a retirement education presentation.
Step 5: Read the Pre-Retirement Guide.
​​Read the Pre-Retirement Guide for step-by-step information about retiring as an OPSRP Pension Program member. The guide will help you complete your Service Retirement Application.
Step 6: Complete the Service Retirement Application.
​​Complete the Service Retirement Application​. Remember, you need to turn in your retirement application within the 90-day period BEFORE your retirement date. You will receive your first benefit payment within 92 days of your effective retirement date.
Step 7: Attend a Retirement Application Assistance Session (RAAS).
​​Attend a Retirement Application Assistance Session if you are retiring within 90 days.
Step 8: Notify Your Employer That You Are Retiring.
​​Notify your employer that you are retiring. Your employer must send a Notice of Separation to PERS so we can process your retirement.
Step 9: Check For Information Regarding PERS Health And Dental Insurance.
​​PERS offers health and dental insurance to PERS retirees and eligible dependents.
Police and firefighter (P&F) special retirement information: If you are an OPSRP P&F member who wants to take early retirement (beginning at age 50 if you have held a P&F positon continuously for five or more consecutive years immediately before your retirement date), PERS must receive your OPSRP Retirement Application  BEFORE the first day of the month FOLLOWING your termination date to be eligible for early retirement. To retire at the early or normal retirement age, you must have worked continuously as a P&F member for at least 60 months immediately preceding your retirement, and your effective retirement date must be the first of the month following your separation from P&F employment.

 

911 operators can retire if they have 25 years or more of creditable service as a 911 operator. To ensure you meet this requirement, complete the Oregon Retirement Service Plan (OPSRP) Certification of 911 Operator Service form, and submit it to PERS.

​Other Information

If you have questions or need to look up a specific OPSRP Pension Program subject, please refer to the Quick Answers.

Important information if you are a school employee​.

Refer to Account Withdrawal if you are not eligible to retire and are not working for a PERS-covered employer.

PERS Health Insurance Program Information

Important Information for Macintosh (Apple) Users

Important Information for Firefox Users

Important Information for Chrome Users