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News and announcements

Want to change the fund your IAP is invested in?

Your opportunity to change the target-date fund in which your Individual Account Program (IAP) account is invested will open soon online.

Starting September 1, you can make changes to your IAP fund through Online Member Services (OMS). The window to make your election online will end September 30. Changes will not take effect until January 1, 2027.

Changing your fund is optional, and once you make a change in OMS, you cannot make another one in OMS until next September.

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PERS celebrates 80th anniversary

We are pleased to release an updated PERS history document to celebrate the agency’s 80th anniversary.

Read on for PERS history and historical photos, the many milestones reached over the years, and updates on recent initiatives such as House Bill 4045 and beginning efforts to modernize PERS’ systems.

https://www.oregon.gov/pers/Documents/General-Information/PERS-History.pdf

PERS and Oregon State Treasury webinars recap

On June 3 and 5, 2026, PERS Director Kevin Olineck and Oregon State Treasury presented two webinars on how the PERS pension portfolio is invested and how it’s performing. Additional webinars will be announced when dates are finalized.

Panelists for both webinars were:

  • Elizabeth Steiner, Oregon State Treasurer
  • Kevin Olineck, PERS Director
  • Rex Kim, Oregon State Treasury Chief Investment Officer

If you missed the webinars, you can watch them and view the presentation slides below:

Events

PERS Education Sessions

Planning for retirement can seem like a daunting task. Don’t wait until the last minute to prepare. Take advantage of the many free sessions our PERS education team has to offer.

Among the resources available to you are education sessions, which cover topics that include:

  • The basics of your plan type (Tier One, Tier Two, or OPSRP).
  • Retirement eligibility criteria.
  • Benefit calculations and estimates.
  • Your retirement option choices.
  • An overview of the retirement application process.

Whether you’re Tier One/Tier Two or OPSRP, you have the option of attending a general education session for your plan type or a session that discusses additional financial planning information and resources.

For registration or more information, visit the education webpage for your plan type:


Videos

Slick Accessible Slider
Introduction to Oregon Savings Growth Plan


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Sign up for GovDelivery updates to receive email or text alerts from PERS. GovDelivery is a communications tool that allows you to receive updates on PERS topics that may be of interest to you, including member news and information, education presentations, Oregon Savings Growth Plan, and PERS Health Insurance.

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