ORS State Employees DB - Actuarial Cost Table

ORS State Employees Defined Benefit Plan

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Actuarial Cost Table

This table estimates your cost to purchase universal buy-in; parental leave; and other governmental service credit.

Directions: Use your age as of the beginning of the current fiscal year (the state fiscal year runs October 1 through September 30). Multiply the applicable percentage rate by your highest previous fiscal year earnings (equating part-time wages to full-time wages) to arrive at the cost of one year of service credit.

Age at Purchase	Percentage Rate
up to 25	7.0%
26	7.2%
27	7.4%
28	7.6%
29	7.8%
30	8.0%
31	8.3%
32	8.6%
33	8.9%
34	9.2%
35	9.5%
36	9.8%

Age at Purchase	Percentage Rate
37	10.1%
38	10.4%
39	10.7%
40	11.0%
41	11.3%
42	11.6%
43	11.9%
44	12.2%
45	12.5%
46	12.8%
47	13.1%
48	13.4%

Age at Purchase	Percentage Rate
49	13.7%
50	14.0%
51	14.2%
52	14.4%
53	14.6%
54	14.8%
55	15.0%
56	15.1%
57	15.2%
58	15.3%
59	15.4%
60 and up	15.5%

The retirement plan information that appears on this website is intended to summarize basic provisions of Public Act 240 of 1943, as amended.
Current laws, rates, and factors are subject to change. Should there be discrepancies between the information reflected here and the actual law,
the provisions of the law govern.