Members that earn more than the
current monthly salary threshold and are therefore subject to the Senate Bill 1049 Member Redirect are eligible to elect to make additional voluntary, after-tax contributions to make a full 6% contribution to their Individual Account Program (IAP) account.
Notice: If you want to elect retroactive voluntary contributions back to July 1, 2020, you must make your election by October 31, 2020.
Starting IAP Voluntary Contributions
Step One
Log into your OMS account.
Don't have a login?
Click Open a New Account on the login page and follow the prompts. Once you have created your account, use your new User ID and Password to log into OMS.
Need help?
Find resources at the bottom of this page.
Step Two
Click the Member link listed under Account Type.
Step Three
Click the IAP Voluntary Contribution Election link in the Site Navigation sidebar, or the Update IAP Voluntary Contribution Election link within your Account Summary page.
Step Four
You are now on the View/Update IAP Voluntary Contribution Election page.
From this page, you can:
- Review your election history.
- Select from one of two election options (retroactive elections are only available until October 31, 2020).
Click the appropriate radio button and click Save to begin making IAP voluntary contributions as of the effective date provided.
An example of electing retroactive voluntary contributions. Note this option will only be available until October 31, 2020.
An example of electing voluntary contributions on a go-forward basis. The effective date will always be at least one month following your request date.
Step Five
You will receive a confirmation message in green if you successfully completed your election.
The effective date for your election also will display on your Account Summary page.
Step One
Members also may request to end their IAP voluntary contributions through OMS.
From the IAP Voluntary Contribution Election page, select Stop IAP Voluntary Contribution Election, and click Save to discontinue making voluntary IAP contributions.
Step Two
You will receive a confirmation message in green if you successfully completed your discontinuation request.
Review your IAP Voluntary Contribution Election
You can view a record of your IAP voluntary contribution elections on the View/Update IAP Voluntary Contribution Election page.
Important information about IAP voluntary contributions, your employer’s role, and effective dates
By electing to make IAP voluntary contributions, you authorize your employer to withhold additional after-tax IAP contributions equal to the amount redirected to your Employee Pension Stability Account (EPSA). Learn more about the redirect and EPSA for Tier One/Tier Two or OPSRP members.
PERS will provide your employer(s) with your IAP voluntary contribution effective start and – if later requested – discontinuation dates. Your employer will start and stop payroll deductions as soon as possible.
Your “effective date” to start or stop voluntary contributions works as follows:
- If your election or discontinuation request is received on the first day of a given month, your effective date is the first day of the next month.*
- If your election or discontinuation request is received on or after the second day of a given month, it will take about two months to go into effect, with the effective date being the first day of the second month.*
Note that if you elect voluntary contributions but later discontinue them, voluntary contributions will continue to be made to your IAP until the effective date is reached for your discontinuation request.
If you have questions about deductions or believe your employer is not correctly withholding your after-tax voluntary contributions, you must contact your employer, which is usually your payroll or human resources department.
*Example: If your election or discontinuation request is received on October 1, your effective date would be November 1. But if you make your election or discontinuation request on or after October 2, your effective date would instead be December 1.
Additional Resources
Note: As PERS works to modernize online access for members, please use Internet Explorer in compatibility mode when logging into your OMS account. Other web browsers may experience functionality issues.
Return to the Senate Bill 1049 information for members webpage.
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.