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PERS - Oregon's Public Employees Retirement System
PERS Contributions from BLS
PERS Contributions from BLS
Bend-La Pine Schools automatically contributes *6% of an eligible employee's earnings to your PERS IAP on behalf of the employee. To be eligible, an employee must work six consecutive months to meet PERS waiting period requirements. Contributions will continue as long as an employee works 600 or more hours each year in a PERS qualified position.
*If your monthly gross wages are below the salary threshold, you will get the full 6% contributed to your IAP. If your wages exceed the salary threshold, a portion of of your IAP contributions are redirected to your Employee Pension Stability Account (EPSA), which is another account that helps fund your pension. The percentage of the redirect depends on what PERS tier you are in.
Tier One/ Two: 3.5% will go into your IAP and 2.5% will be redirected to your EPSA
OPSRP: 5.25% will go into your IAP and .75% will be redirected to your EPSA
This redirect is not reflected on your paystub, it happens behind the scenes with PERS. Employees can make voluntary, after-tax contributions to their IAP to meet the full 6% by logging in to their PERS Online Member Services and following these instructions.
Optional Retirement Savings - Vendors & Plan Administrators
All BLS employees have the option of saving additional dollars for retirment.
Please see the information below to learn more about plan options and enrollment.
PenServ Plan Services : 403(b) and 457(b) retirement savings plan administrator
PenServ Plan Services : 403(b) and 457(b) retirement savings plan administrator
PenServ is Bend-La Pine Schools' 403(b) & 457(b) Plan Administrator and Compliance Partner
Employees can access the PenServ system at www.penserv.com.
In PenServ’s system, you will be able to view and access important account information, as well as complete various plan transactions.
PenServ will be able to assist you with information concerning contribution history, increase or decrease contributions, requesting withdrawals, viewing account balances, and many other services.
Transactions handled by PenServ:
Submission of withdrawal requests, including loans, rollovers, hardships, distributions, transfers, and contract exchanges.
Questions about contribution changes, including increases, decreases, starts, and stops.
Contribution limit inquiries for 403(b) and 457(b) Plans
Withdrawal request inquiries, such as:
Eligibility for withdrawals
Requesting Purchase of Service Credits (Oregon State Pension Plan)
Hardship withdrawal options
Rolling over an account upon retirement
Loan eligibility and process
Moving funds between providers
ALL Salary Reduction Agreement (SRA) requests and submissions will be managed directly through PenServ.
Previously, SRA requests were submitted via a UKG form organized by the district.
Participants should continue working with their financial representatives from their providers for retirement planning and investment guidance.
PenServ Contact Information
Customer Service Support
Phone: (800) 849-4001
Email: service@penserv.com
Submitting Requests via Fax
Fax: (803) 791-5925
Submitting Requests via Mail
PenServ Plan Services, Inc.
102 Trade Zone Drive
West Columbia, SC 29170
If you have any questions regarding PenServ’s third party administrator services, please contact PenServ or your financial professional. The Human Resources Benefits and Payroll Teams will only be able to answer process related questions and do not have any access to employee retirement investment accounts, nor can provide financial advice. hr-benefits@bend.k12.or.us / payroll@bend.k12.or.us
information updated 3/5/2025
Oregon Savings Growth Plan
Oregon Savings Growth Plan
The Oregon Savings Growth Plan (OSGP) is a voluntary 457(b) deferred compensation plan available through the state of Oregon to public employees whose employers participate in OSGP. Eligible PERS members can use OSGP to create additional savings for retirement.
OSGP was designed to help bridge the gap between the income your pension, Individual Account Program (IAP) and Social Security may provide you in retirement.
***Once your account is created- please navigate to UKG and fill out "Oregon Savings Growth Plan Enrollment Form" and submit to Payroll.
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Planning for Retirement
PERS Tier 1 & Tier 2
Planning for Retirement Information
PERS Tier 1 & Tier 2
Planning for Retirement Information
PERS OPSRP
Planning for Retirement Information
PERS OPSRP
Planning for Retirement Information
Retiree Insurance
Retiree Insurance
Self-Pay Early Retiree Insurance through OEBB
Self-Pay Early Retiree Insurance through OEBB
Early retirees may continue medical, dental and/or vision insurance through OEBB Self-Pay. Bend-La Pine Schools does not contribute toward the cost of retiree insurance. Retiree insurance rates are based on a tiered rate structure. Please see the 23-24 Retiree Rate Sheet for plan options and rates.
Retirees who choose to continue benefits will Self-Pay OEBB. Please complete the form below and submit to OEBB directly.
Medicare-Eligible Retiree
Medicare-Eligible Retiree
Retirees who are insured through OEBB and become Medicare eligible will be dropped from medical and/or vision coverages on the last day of the month before their birth month.
For example, if your 65th birthday is June 10th, your last day on OEBB retiree insurance will be May 31st.
Medicare eligible retirees can continue to carry dental insurance through OEBB and follow the Self-Pay Early Retiree instructions.
If you are turning 65 and not retiring, you may continue with the district's employee insurance, however, please contact the Social Security Office for more information about postponing Medicare coverage and potential penalties you may incur.
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