As of June 2018, nearly 370,000 people are a part of the Public Employees Retirement System (PERS). PERS is a pension program for employees of Oregon State, local governments and schools. Specific plans depend on your employer and whether you established membership in the program.
Many factors affect your potential future monthly benefit, and it can be difficult to fully maximize your earnings without the aid of a knowledgeable Financial Advisor.
The future of PERS is subject to change
Since it was established in 1946, PERS has undergone a number of changes, including the addition of a health insurance plan for covered retirees. In 2013, pension reforms were adopted, challenged and reversed, leaving some uncertainty about the program’s future. More recently, the government has weighed various options for maintaining the program’s viability.
Uncertainty about the future can be frustrating and changes can make decisions more complicated. Take the time to consider your options and stay informed about ongoing regulatory actions, and you’ll be prepared to take the necessary steps to secure your future happiness.
Consider a complimentary seminar to learn about the PERS program, understand what they can expect in the near- and long-term and ask questions.
PERS education empowers you to control your future
Preparing for retirement should be exciting, not something that causes you anxiety. A complimentary, no-obligation investment workshop or PERS planning seminar from a local Financial Advisor may help you understand how to make your benefits work for you.
Importantly, these seminars provide you with the opportunity to ask the questions that are most relevant to you. Everyone’s ideal retirement is unique, and a Financial Advisor may help you understand how to make your dreams come true.
For a preview of the valuable information offered at our seminars, check out the videos below: