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How will the 2008 market downturn affect Individual Account Program (IAP) accounts?

April 26, 2017account accounts affect downturn iap individual market program

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How will the 2008 market downturn affect Individual Account Program (IAP) accounts?

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IAP account earnings crediting reflects Oregon Public Employees Retirement Fund (OPERF) regular account investment gains or losses. Since the OPERF regular account diversified investment portfolio lost value in 2008, those losses will be allocated proportionally to IAP accounts when the PERS Board determines final 2008 earnings crediting in March 2009.