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2018 Member Annual Statements
Over 266,000 PERS Member Annual Statements reflecting year-end 2018 data are being mailed, starting this week.
If you are actively employed, your statement is mailed to the address your employer provided to PERS in mid-March 2019. If you do not receive your Member Annual Statement by June 1, 2019, please contact Member Services via phone or email.
Thank you for your patience in the coming weeks as we handle increased call and email volume due to annual statements.
Member resources
Your 2018 statement gives you important details about your PERS retirement benefits, including your pension (either Tier One, Tier Two, or Oregon Public Service Retirement Plan) and your Individual Account Program (IAP).
PERS has online FAQs and other resources, including interactive example statements to help you understand your benefits.
Reviewing your statement each year is a great opportunity to ensure all of your personal information is correct and to understand how your retirement benefits are calculated.
Remember that all data is submitted to PERS by your employer(s), so if you notice something you think is incorrect, please check with your employer (usually payroll or human resources) first.
PERS cannot finalize 2018 statements until after the PERS Board adopts 2018 final earnings crediting (as of December 31, 2018), which occurred at its April 1, 2019 meeting.
PERS also works with over 900 employers to ensure member contributions are accurate and complete before allocating final earnings, so members are not adversely affected by posting delays or corrections.
This year's statements include a special insert explaining changes to the IAP investment strategy. Beginning in 2018, IAP accounts shifted from a one-size-fits-all investment format to customized, age-based IAP Target-Date Funds (TDF) designed by the Oregon Investment Council.
Each PERS member is invested in a single IAP TDF based on their birth year. The investment mix for each fund is different, so if you do not share the same birth year range with your co-worker, your investment earnings will be different.
 If your date of birth is incorrect:
- If you are actively employed, contact your employer to correct personal information.
- If you are inactive or retired, submit a Date of Birth Change Request form to PERS.
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