What is a PERS IAP account?
The Individual Account Program (IAP) is an account-based retirement benefit for members of the Public Employees Retirement System (PERS). Oregon State Treasury oversees the investment of IAP funds and the Oregon Public Employees Retirement Fund.
What is the difference between IAP and PERS?
Your IAP is subject to earnings or losses until you receive the funds. PERS works with employers to ensure that member contributions are accurate and complete before allocating earnings on a year-end balance basis so members are not adversely affected by posting delays or corrections.
How do I check my Oregon PERS account?
Call PERS at 888.320. 7377 to request a PIN number in order to access your IAP account.
Can I withdraw my IAP account?
You are eligible to withdraw your Account Balance, according to Plan procedures, from your Individual Account in the IAP at any of the following times: • When you cease all employment in Covered or Non-Covered service in the Northern California Retail Food industry for two consecutive months and you have lost seniority ...