1. How many benefit estimates can I generate online and how long are they stored in the database?
A. You may create as many benefit estimates as you would like. However, the system will only store the six most recent estimates. These estimates will be available until a benefit is processed.
2. How current is the data used in my benefit estimate(s)?
A. The data used is the most current information that your employer(s) has provided. Normally, employers report data to PERS monthly so there could be a lag. Account balances are current as of December 31 of the previous year.
3. Where can I get more information on buy backs or purchases? (for Tier One/Tier Two members only)
Note: PERS is aware of an issue that our Police and Firefighter (P&F) members are experiencing when attempting to check the cost of their P&F units while creating a benefit estimate through their OMS account.
We are currently working to have the issue corrected as soon as possible.
If you are within two years or your retirement date, you can submit your Tier One or Tier Two benefit estimate request by mail or by fax to request a P&F units purchase letter, which will include the cost of your remaining P&F units. 4. Why is my "waiting time" purchase cost $0.00?
A. Your employer may not have reported income for your first year of employment or the information may not be in the system. This information will be retrieved for a written benefit estimate.
5. Why is service time shown in months instead of years?
A. Statute directs that accrued service time is earned in months.
6. Why can't I enter my unused vacation hours to count toward my final average salary?
A. Unused vacation time is not used toward final average salary for Tier Two and OPSRP Pension Program members.
7. Why is my benefit estimate in OMS vastly different from the written benefit estimate I received from PERS?
A. If you have a divorce on file at PERS or were a member of TIAA CREF (Teachers Insurance and Annuity Association-College Retirement Equities Fund), the system is unable to calculate these benefits accurately. Please keep in mind that this is an "estimate" and the information provided determines the accuracy of the calculation.