For our active PERS-covered employees, the latest information about your PERS retirement benefits will soon arrive in your mailbox.
In May, PERS began mailing annual statements for 2024. These statements reflect data submitted as of Dec. 31, 2024.
When you receive your statement, check that all of your personal information is correct. If not, please email payroll@roguecc.edu with any questions.
All PERS members who have worked in a qualifying position since Jan. 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:
- Your birthdate and other personal information, such as your address, hire date and membership date. Your birthdate is used to establish which age-based target-date fund (TDF) your IAP is invested in.
- Your service/retirement credit, which can affect the calculations that determine your monthly pension benefits in retirement.
- 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.
For more information contact Tammy Canady on Teams or by phone at 541-956-7028.