The presentations will focus on topics that are relevant to the individual groups. The sessions will last only an hour and, when possible, be given during the lunch hour so employees will not have to miss long periods of work. We hope that employers will begin to inform the PERS presentation staff about upcoming meetings and invite them to participate. The schedule to the right covers mini-presentations that will be offered in Tigard and Salem through the end of this year. PERS can't tell you when you should retire.
Many variables affect a member's decision to retire.
To help with your planning, however, we can remind you of what happens to your member account when you retire. The same process applies if you refund your account prior to retirement age. Earnings for the variable account and for the Tier Two regular account are distributed according to the most recent month-end rate. At the present time, however, earnings are distributed to Tier One regular accounts using the last known rate. This is the rate established by the PERS Board during its March meeting.