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How will the 2008 financial downturn affect Oregon Public Service Retirement Plan (OPSRP) Pension Program members?

April 26, 2017affect downturn financial opsrp Oregon Pension public retirement plan service

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How will the 2008 financial downturn affect Oregon Public Service Retirement Plan (OPSRP) Pension Program members?

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OPSRP members do not have regular or variable accounts and their pension benefits are based solely on a formula reflecting years of service and final average salary. As such, the pension portion of an OPSRP member will not be affected by the financial downturn.