The Individual Account Program (IAP) is an account-based retirement benefit for members of the Public Employees Retirement System (PERS). Oregon State Treasury oversees the investment of IAP funds and the Oregon Public Employees Retirement Fund.

Quick resources:

• Introduction to Target-Date Funds
  

What are Target-Date Funds?

IAP's Target-Date Fund structure gradually reduces investment risk as participants age. Younger workers take on more investment risk in exchange for higher, long-term growth potential. Older workers are protected from adverse market volatility as they approach and enter retirement. Keep reading for information on how you can choose a different target-date fund.

This video explains how target-date funds make retirement investing easier.

What’s My Target-Date Fund?

Your target-date fund is based on your birth year and named for the date range when you might expect to retire.

Effective January 1, 2025, the Oregon Investment Council approved a new Target-Date Fund: the 2070 Target-Date Fund. At the same time, the most mature of the TDFs — the 2025 Target-Date Fund — will get consolidated into the Retirement Allocation Fund.

To learn more about your target-date fund and its performance, find your birth year on the left in the table below and click the corresponding down arrow.