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
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.
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.
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.
- 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advantages, either as pre-tax investments or as post- tax Roth accounts that allow qualified investment earnings to be withdrawn tax-free after retirement.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 2020 Universal Availability Notice.
- 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.
11410 SW 68th Parkway
Tigard, OR 97223
Phone: 503-598-7377
Fax: 503-598-0561
Employer Number:
Western Oregon University
01255
PO Box 40187
Portland, OR 97240
Phone: 1-800-768-7377
Employer Number:
Western Oregon University
01255
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
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
800 Summer Street NE, Suite 200
Salem, OR 97301
Phone: 503-378-3730
Fax: 503-378-5888
CONTACT
Human Resources
Lieuallen Administration 305P: 503-838-8490 | F: 503-838-8522 | E-mail: hr@wou.edu
