PERS Expo 2024 registration now open
Learn more about your PERS benefits and how you can create a secure retirement.
PERS Expo 2024 will be held online and offer interactive and on-demand content, including live
educational presentations and question-and-answer (Q&A) sessions on October 1.
You also can return to the event website and explore its resources for a limited time after the event.
Expo will provide you with information about your PERS benefits, additional retirement savings options,
post-retirement health insurance options, the PERS retirement process, and other related topics.
Register for PERS Expo 2024 today to get started.
Want to change the fund your IAP is invested in?
Your opportunity to change the target-date fund in which your Individual Account Program account is
invested is about to open online.
Starting September 1, you can make changes to your IAP fund through
Online Member Services. The window to make your election
online will end September 30. Changes will not take effect until January 1, 2025.
Changing your fund is optional.
Read more about:
-
Member Choice, the part of Senate Bill 1049 that created
the option of changing target-date funds.
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IAP target-date funds, including the
details and limitations you need to know about Member Choice before making a change.
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How to use OMS to change your target-date fund.
Changes to OPSRP Police and Firefighter retirement age
Are you an Oregon Public Service Retirement Plan member with a Police and Firefighter (P&F) classification?
Thinking of retiring early and before the end of 2024? You should be aware of changes coming to P&F
retirement ages that may affect you.
On January 1, 2025, the normal retirement age for OPSRP P&F members will decrease from 60 to 55. Delaying
your retirement date until January 1 or after may result in an increase in your retirement benefit.
If you are retiring between the ages of 50 and 55, delaying until January 1, 2025, or after may also affect
your retirement benefits due to a change in the factors used to calculate them.
These changes are the result of legislation passed in 2024 (House Bill 4045).
PERS will add more information about the changes throughout the website as it becomes available.
If you have questions about your specific situation, contact Member Services.
Retiring? Planning to work after retirement? Tell employers these two things
If you’re in the process of retiring and plan to work after retirement for a PERS-participating
employer, you need to tell your future employer the following:
- What your effective retirement date is.
- That your retirement application is in process with PERS.
Failure to provide this information to your future employer could cause you to be incorrectly hired
after retirement as a regular employee rather than a retiree-hire. Errors of this kind can negatively
impact your retirement benefits, such as delaying payments.
Future employers who need to be notified include any PERS-participating employer you plan to work for
after retirement — even your current employer, if you intend to work for them as a retiree-hire.
If you have questions,
contact Member Services for assistance.
PERS by the Numbers available online
Want to explore the details of how your pension system works? Each year, PERS, the agency, publishes
PERS by the Numbers, an annual snapshot of the data and demographics that drive the Oregon Public
Employees Retirement System.
Read the latest report to
learn more.