Retirement

If you work 600 hours or more in a calendar year you may be eligible to participate in a retirement plan offered by Western Oregon University. You may be eligible to enroll in one of these plans six full months after you begin working, and should receive enrollment information from the Human Resources Office before you become eligible to participate.

Retiree Resources

Public Employees Retirement (PERS)

PERS (Public Employees Retirement System) offers classified and unclassified employees a defined benefit pension plus an individual account.

Pension plans are based on your date of hire, years of service, and earnings.
You accumulate assets in an individual account that is invested for you by PERS.
Pension benefits are generally available when you reach normal retirement age.

Optional Retirement Plan (ORP)

ORP (Optional Retirement Plan) is a defined contribution alternative to PERS for unclassified employees whose career mobility may take them outside Oregon and to other employers.

ORP participants select mutual funds and annuities for their investments, and participants manage their accounts with education and retirement planning services provided by TIAA and Fidelity Investments.
A vested participant’s account is portable to another employer’s plan or may remain invested in the ORP if they leave an Oregon Public University.

OPURP Quarterly Newsletters

Voluntary Retirement Savings Plans (Supplement Your Pension)

Two voluntary retirement savings plans offer a way to increase your retirement income through regular, planned investing.

You determine how much to save each month, and your contributions are made to your account through payroll deductions.
Using these plans will not reduce your retirement benefits or eligibility for PERS, the ORP, Social Security, or Medicare.
You supplement your retirement benefits through as simple workplace savings plan that you may set up as soon as your first month of work, or anytime.

The voluntary retirement savings plans are available to all classified and unclassified Oregon Public University employees.

TDI 403(b)

Also referred to as the Tax-Deferred Investment Plan, or TDI is exclusively for Oregon Public University employees to supplement their retirement pensions.
TDI savings offer tax advantages, either as pre-tax investments or as post- tax Roth accounts that allow qualified investment earnings to be withdrawn tax-free after retirement.
TDI participants may choose mutual fund and annuity investment programs, and participants manage their accounts with education and retirement planning services provided by TIAA-CREF and Fidelity Investments.
For more information, check out the Universal Availability Notice (PDF).

Oregon Savings Growth Plan (OSGP)

Plan is offered to Oregon public employees by PERS.
The Oregon Investment Council manages a selection of investments on behalf of participants in the plan.
An Oregon Public University employee may select the OSGP, the TDI or both plans.

Retirement Provider Information

Public Employees Retirement System (PERS)

11410 SW 68th Parkway
Tigard, OR 97223

Phone: 503-598-7377
Fax: 503-598-0561

Employer Number:
Western Oregon University
01255

PERS Health Insurance Program

PO Box 40187
Portland, OR 97240

Phone: 1-800-768-7377

Employer Number:
Western Oregon University
01255

Fidelity

825 SW Fifth Avenue
Portland, OR 97204

Phone: 1-800-343-0860
Phone: 503-716-2533
Fax: 508-460-2704

Oregon Public Universities
ORP: 71681
TDI: 71678

TIAA-CREF

Braden Danielson, Financial Consultant
4730 University Way NE, Suite 201
Seattle, WA 98105

Phone: 1-800-842-2888
Phone: 503-452-6986
Fax: 206-523-6866

Oregon Public Universities
ORP: 101528
TDI: 101529

Oregon Savings Growth Plan

800 Summer Street NE, Suite 200
Salem, OR 97301

Phone: 503-378-3730
Fax: 503-378-5888

Retirement - Forms

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