Oregon Public Employees Retirement System (PERS)

The Oregon Public Employees Retirement System (PERS) is a pension program that provides retirement, disability, and death benefits to state and local government employees in Oregon. Funded through contributions from employees and employers, along with investment earnings, PERS helps ensure financial security after public service careers. It manages pension plans for various public sector workers, including teachers, firefighters, and state employees, offering benefits based on years of service, salary, and years until retirement. PERS aims to sustainably support public employees’ long-term retirement needs while maintaining fiscal responsibility for government entities.