Teachers · Public Employees
Oregon Teacher Pension Calculator 2026
Oregon PERS OPSRP + Individual Account Program. See your exact monthly pension, vesting timeline, and COLA-adjusted income — free, no sign-up.
Pension multiplier
DC plan
Social Security
Yes
Vesting
5 years
COLA
2.0% fixed annual
Your teacher pension breakdown
Select your state and fill in your details →
About the Oregon PERS OPSRP + Individual Account Program
The Oregon PERS OPSRP + Individual Account Program is Oregon's primary retirement plan for public school teachers. It operates as a <strong>defined contribution or hybrid</strong> plan, so your retirement income depends partly on investment returns.
Vesting: You must complete 5 years of service to vest. Before that point, leaving the system means forfeiting your pension benefit entirely (though you can withdraw your own contributions).
Cost-of-living adjustments (COLA): The Oregon PERS OPSRP + Individual Account Program provides a 2.0% fixed annual COLA, helping your pension maintain purchasing power through retirement.
Employee contribution rate: Oregon teachers contribute 6.0% of their salary to the pension system each year.
Important note: OPSRP Pension (DB, 1.5%) + Individual Account Program (IAP, DC). Employee 6% goes to IAP.
Frequently Asked Questions
Does Oregon have Social Security for teachers?
Yes. Oregon teachers participate in Social Security alongside the Oregon PERS OPSRP + Individual Account Program pension, giving you two sources of guaranteed retirement income.
How many years to vest in the Oregon PERS OPSRP + Individual Account Program?
You need 5 years of service to vest. Once vested, you are entitled to a pension at normal retirement age even if you leave teaching before then.
What is the Oregon teacher pension formula?
Oregon uses a hybrid plan. Your income depends on contributions and investment returns, not a fixed formula.
Does the Oregon PERS OPSRP + Individual Account Program have a COLA?
Yes — a 2.0% fixed annual annual adjustment. Use the calculator above to see how COLA compounds your income over 10 and 20 years.
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