Pension Plans for Current Employees

Pension Plans for Current Employees

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