For information regarding your current retirement plan, please click on the corresponding link below.
Don't know what your current retirement plan is?
PERS/OPSRP (Tier Definitions)
ORP(Tier Definitions)
Retirement Plan Guides
PERS/OPSRP (Tier Definitions)
Tier One: If you were hired into a qualifying position before January 1, 1996.
Tier Two: If you were hired into a qualifying position on or after January 1, 1996, and before August 29, 2003.
Retirement Plan (OPSRP): For employees hired after August 29, 2003.
- Employee Contribution: Portland State University pays 6% of gross monthly salary each month (vests immediately). This individual account program (IAP) is managed by the Oregon Investment Council through PERS.
- Employer Contribution: Portland State University pays each month into a defined benefit pension plan. Pension benefits are based on a formula: 1.5 percent x years of retirement credit x final average salary. (Vesting after 5 years of contributions or age 65).
PERS Tier One/Tier Two Pre-Retirement Beneficiary Designation
Contact PERS
Sign up for a PERS member newsletter
ORP (Tier Definitions)
Tier One: If you were hired into a qualifying position before January 1, 1996.
Tier Two: If you were hired into a qualifying position on or after January 1, 1996, and before August 29, 2003.
Tier Three: If you were hired into a qualifying position on or after August 29, 2003, and before July 1, 2014.
Tier Four: For employees hired after June 30, 2014.
To contact your ORP vendor:
TIAA 800.842.2888
Fidelity