Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How will the 2008 market downturn affect Tier Two member regular accounts?

April 26, 2017accounts affect downturn market regular Tier

0

Posted

How will the 2008 market downturn affect Tier Two member regular accounts?

1 Answer

0

Posted

Tier Two member regular account earnings crediting reflects Oregon Public Employees Retirement Fund (OPERF) regular account investment gains or losses. Since regular account investments lost value in 2008, those losses will be allocated proportionally to Tier Two accounts. The PERS Board will determine final 2008 earnings crediting for Tier Two member accounts in March 2009.