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You received this email because you opted to receive updates about your retirement plan. Review your GovDelivery subscriptions here.
2022 member annual statements coming soon
The latest information about your PERS retirement benefits will soon arrive in your mailbox.
In May, PERS began mailing member annual statements for 2022. These statements reflect data submitted by your employer as of December 31, 2022.
When you receive your statement, check that all your personal information is correct. If not, contact your employer if you are currently employed. If you are not currently employed, submit an Information Change Request form.
All PERS members who have worked in a qualifying position since January 1, 2004, have two parts to their PERS retirement: a pension and an Individual Account Program (IAP) account. Both will be included on your statement.
If you meet the salary threshold for Member Redirect, your statement also will include information about your Employee Pension Stability Account (EPSA). EPSA will help pay for part of your pension benefit in retirement.
What resources can help me understand my statement?
Annual statement FAQs and resources are available on the PERS website.
Three key areas to review on your statement are:
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Your birthdate and other personal information, such as your address, hire date, and membership date. Your birth date is used to establish which age-based target-date fund (TDF) your IAP is invested in.
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Your service/retirement credit, which can affect the calculations that determine your monthly pension benefits in retirement.
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Your IAP information. This area shows you the investment returns for your target-date fund. Each fund has its own mix of investments, set by the Oregon Investment Council. Your investment returns may differ from other members who are in different TDFs.
You have about two weeks left to give feedback to PERS and help the agency improve its member services.
Share your opinions by completing our survey online now through May 31.
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