Oregon PERS

The Public Employees Retirement System (PERS) is the retirement and disability fund for public employees throughout Oregon. Established in 1946, employees of the state, school districts, and local governments are eligible for coverage.  PERS is a two-part pension plan that generally provides most members a formula-based lifetime income benefit.

For more information on PERS please follow the button below to the Oregon's PERS site.

To confirm the Tier you belong to, click on the link below to sign into your PERS online member account.  There you will be able to view your PERS hire date and confirm your membership group. 

The Individual Account Program is an account-based benefit for all Tier 1, Tier 2, and OPSRP state employees who have been working in a qualifying position since 1/1/2004. Your income level will determine the percentage of your salary you contribute into this second part of the PERS pension system.  Your account balanced is determined, in part, by the performance of an age-based investment option.

At retirement, the IAP program offers several different income and access options.  Please schedule a consultation prior to completing your PERS retirement paperwork.  We will happily review all the available options with you to help you make the best decisions you can make for your personal circumstances.

For more information and to access your IAP account, please follow the button below.

PERS will provide two free written pension estimates per calendar year.  To receive a formal written estimate, PERS will only consider retirement dates within the upcoming 24 months.  For estimates outside of 24 months, please access your online member account on the PERS website to estimate your monthly benefit.  Contact the office for assistance in completing an online benefit estimate.  

Choose the button below that corresponds with your PERS membership group.

Through the information release authorization, PERS allows its members the opportunity to authorize third parties for obtaining information about their accounts and benefits.  In other words, this form enables Foster & Associates to communicate directly with PERS on your behalf.  Communicating directly with PERS is another level of service Foster & Associates provides to our clients.    

The Oregon Savings Growth Plan (OSGP) was established in 1991 as a voluntary deferred compensation plan (457 Plan).  Through Schwab's Personal Choice Retirement Account (PCRA) under the Voya plan, we can now offer personalized advice and investment management in The Oregon Savings Growth plan.  Please schedule a consultation to discuss your OSGP options. 

Our depth of knowledge of the PERS system is extensive.  We've heard from clients that our knowledge surpasses some direct inquiries to PERS Member Services. 

As we guide our clients through the PERS retirement process, we are sure to highlight the enduring impact of the pension choices selected.  Undoubtedly, the decisions made when completing the retirement paperwork will likely reverberate throughout a member's lifetime.  Recognizing the complexity and potential intimidation of this process, our team stands ready to provide professional guidance, with the goal of ensuring individuals select the optimal path forward. From navigating estimate requests to dissecting the nuances of each option, we offer comprehensive support at every step.

Our approach extends beyond PERS alone. We work with our clients to assess all facets of their individual financial landscape, not just their pension strategy.  We consider supplemental retirement accounts, sources of income such as 403(b)s, IRAs, and Social Security, as well as potential rental income, among others. Our holistic approach allows us to craft a cohesive financial strategy, integrating all elements seamlessly. While other advisors may overlook these crucial details, we prioritize the panoramic view, ensuring every piece of the retirement puzzle fits harmoniously. When it comes to navigating the complexities of pension decisions, PERS members can trust that we offer unparalleled expertise and unwavering support.