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Policy Title: PERS and OPSRP (Public Employees Retirement System and Oregon Public Service Retirement Plan) Purpose: To outline the retirement benefits available to 011hiple City Employees. Scope: Applies to all City employees; represented employ' Id refer to the appropriate labor agreement I I 11'.. Policy Statement: The City participates in PERSMW64" RP d erodes the I benefits as prescribed by State law. Policy Procedure: The City participates n the Oregon Public Employees Retirement System (PERS) and the Oregon P 1 0' ice Retirernen*Pldh (OPSRP). f is" PERS, OPSRP, and iYefl Employees hired prior to January 1111 , , are eligible for membership in PERS Tier One. Employees hired on or after Jan 1, 1996, are eligible for membership in PERS Tier Two. Employees hired on or upust 29, 2003, are eligible for membership in the Oregon Public Service F9ment Plan (OPSRP), unless membership wasilbri@Vjously established in RS. The City contribute9l """ 3 aco 111011 1 ,,, eligible employee's salary, as defined by ORS, as the employee's o 1n Or Individual Account (IAP). Consult the PERS weUkte for more information on benefits calculations, retirement ages and other details bijtbp PERS and OPSRP plans. Membership New employees who are already PERS or OPSRP members and are hired into a position that requires at least 600 hours in a calendar year are enrolled immediately upon hire. PERS Tier One or Tier Two members are enrolled in PERS and OPSRP members are enrolled in OPSRP. New employees who are not members of PERS or OPSRP when hired become an OPSRP member after six full calendar months of employment in a position that requires at least 600 hours in a calendar year. Membership is effective the first day of the month after completion of the six-month waiting period. City of Eugene APM No: 9.6 Administrative Policy Manual Date Updated: August 1, 2011 Policy Title: PERS and OPSRP (Public Employees Retirement System and Oregon Public Service Retirement Plan) Purpose: To outline the retirement benefits available to 011hiple City Employees. Scope: Applies to all City employees; represented employ' Id refer to the appropriate labor agreement I I 11'.. Policy Statement: The City participates in PERSMW64" RP d erodes the I benefits as prescribed by State law. Policy Procedure: The City participates n the Oregon Public Employees Retirement System (PERS) and the Oregon P 1 0' ice Retirernen*Pldh (OPSRP). f is" PERS, OPSRP, and iYefl Employees hired prior to January 1111 , , are eligible for membership in PERS Tier One. Employees hired on or after Jan 1, 1996, are eligible for membership in PERS Tier Two. Employees hired on or upust 29, 2003, are eligible for membership in the Oregon Public Service F9ment Plan (OPSRP), unless membership wasilbri@Vjously established in RS. The City contribute9l """ 3 aco 111011 1 ,,, eligible employee's salary, as defined by ORS, as the employee's o 1n Or Individual Account (IAP). Consult the PERS weUkte for more information on benefits calculations, retirement ages and other details bijtbp PERS and OPSRP plans. Membership New employees who are already PERS or OPSRP members and are hired into a position that requires at least 600 hours in a calendar year are enrolled immediately upon hire. PERS Tier One or Tier Two members are enrolled in PERS and OPSRP members are enrolled in OPSRP. New employees who are not members of PERS or OPSRP when hired become an OPSRP member after six full calendar months of employment in a position that requires at least 600 hours in a calendar year. Membership is effective the first day of the month after completion of the six-month waiting period.