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Get the free Oregon Public Service Retirement Plan (OPSRP) Estimate Request - oregon

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This form is used to request an estimate for retirement benefits under the Oregon Public Service Retirement Plan (OPSRP). It includes sections for personal information, retirement date, beneficiary
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How to fill out Oregon Public Service Retirement Plan (OPSRP) Estimate Request

01
Access the Oregon Public Service Retirement Plan (OPSRP) website.
02
Download the OPSRP Estimate Request form.
03
Complete personal information at the top of the form, including name, address, and date of birth.
04
Provide employment details, such as agency name, position, and years of service.
05
Indicate any additional information you wish to include regarding your retirement.
06
Review the completed form for accuracy.
07
Sign and date the form.
08
Submit the form via email or mail as directed on the website.

Who needs Oregon Public Service Retirement Plan (OPSRP) Estimate Request?

01
Employees of public service organizations in Oregon who are participants in the OPSRP.
02
Individuals planning to retire and wishing to estimate their retirement benefits.
03
Employees seeking retirement planning information before making a decision.
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People Also Ask about

Oregon public employees are covered by Social Security.
The assessment is calculated based on an employee's hours worked in the quarter they are paid by employers. Employers and employees each pay half of the assessment, currently set at 2.0 cents per hour or partial hour worked.
How do I calculate the kicker credit without the What's My Kicker calculator? ​To calculate your kicker amount, multiply your 2022 tax liability by the kicker percentage. For 2023, the kicker percentage is 44.28 percent (0.4428).
When you retire, PERS will calculate your monthly benefit using the following formula: General service: 1.5 percent x years of retirement credit x final average salary. Normal retirement age for general service members is age 65, or age 58 with 30 years of retirement credit.
For those retirees in the most recent year (2023), the average monthly retirement benefit was $3,761 per month, or about $45,130 annually.
When you retire, PERS will calculate your monthly benefit using the following formula: General service: 1.5 percent x years of retirement credit x final average salary. Normal retirement age for general service members is age 65, or age 58 with 30 years of retirement credit.
Work for five years in a PERS-qualifying position for at least 600 hours per year. The years do not need to be consecutive, but you cannot have a gap in qualifying employment of more than five y​ear​s. Work in a qualifying position on or after reaching normal retirement age, which is 65 for general service.

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The OPSRP Estimate Request is a form that individuals can submit to the Oregon Public Employees Retirement System (PERS) to obtain an estimate of their retirement benefits under the Oregon Public Service Retirement Plan.
Any member of the Oregon Public Service Retirement Plan who wishes to receive an estimate of their retirement benefits is encouraged to file an OPSRP Estimate Request.
To fill out the OPSRP Estimate Request, an individual needs to provide their personal information, including full name, member identification number, and contact information. Additionally, they must indicate their anticipated retirement date and any other relevant details as instructed on the form.
The purpose of the OPSRP Estimate Request is to provide members with a projected calculation of their retirement benefits, helping them to plan for their financial future and make informed decisions about their retirement.
The information that must be reported on the OPSRP Estimate Request includes the member's name, member ID number, contact information, expected retirement date, and any other personal details or requests that may affect the benefits calculation.
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