Two voluntary retirement savings plans offer a way to increase your retirement income through regular, planned investing. You determine how much to save each month, and your contributions are made to your account through payroll deductions. Using these plans will not reduce your retirement benefits or eligibility for PERS, the ORP, Social Security, or Medicare. You supplement your retirement benefits through as simple workplace savings plan that you may set up as soon as your first month of work, or anytime.
The voluntary retirement savings plans are available to all classified and unclassified Oregon Public University employees.
TDI (Tax-Deferred Investment 403(b) Plan)
is exclusively for Oregon Public University employees to supplement their retirement pensions. TDI savings offer tax advantages, either as pre-tax investments or as post- tax Roth accounts that allow qualified investment earnings to be withdrawn tax-free after retirement. TDI participants may choose mutual fund and annuity investment programs, and participants manage their accounts with education and retirement planning services provided by TIAA-CREF
and Fidelity Investments
OSGP (Oregon Savings Growth Plan)
is offered to Oregon public employees by PERS. The Oregon Investment Council manages a selection of investments on behalf of participants in the plan. An Oregon Public University employee may select the OSGP, the TDI or both plans.