Retirement Option Comparison – Tier Four Employees
Explore the unique features of the Optional Retirement Plan (ORP) and the Oregon Public Service Retirement Plan (OPSRP) for those employees hired after June 30, 2014.
The Optional Retirement Plan (ORP) and the Oregon Public Service Retirement Plan (OPSRP) are each intended to provide you with income during your retirement years. These plans share a number of common attributes, but differ in important aspects. This guide provides an overview of the key features of the OPSRP and the ORP.
A PDF of this document is available: Guide #5: Tier Four Retirement Options 2020