Instructions for Tier One/Tier Two and Individual Account
Check box 1 if you want your IAP distribution to go directly to you. Please fill out the Direct Deposit form to have your distribution deposited into your bank account.
PERS : IAP forms : Nonretired members : State of Oregon
All PERS forms must be printed and signed. You can submit completed forms by fax, by mail, or by dropping them off at PERS offices in Tigard or Salem. For forms assistance, call PERS Member
Individual Account Program (IAP) Rollover-Eligible Distribution
If you check the box for my entire remaining account balance (one-time final payment), PERS will distribute your remaining IAP balance in one final payment. You will no longer receive any IAP
Receiving Benefits from Your IAP Account
You may elect to roll over any portion of your IAP account lump-sum payment or 5-year installment distributions. If the distribution is at least $200, you may elect to roll over the entire distribution.
Individual Account Program (IAP) Retirement Application
Check box 1 if you want your IAP distribution to go directly to you. Please fill out the Direct Deposit form to have your distribution deposited into your bank account.
Plan Information
To qualify for a monthly distribution, your account must have funds that result in a payment of more than $200 per month; otherwise you will be paid quarterly or annually depending on the aggregate amount
PERS : What is the IAP? : Nonretired members : State of Oregon
When you retire from the IAP, you can also elect to receive your IAP account balance as a lump-sum payment or in equal installments over 5, 10, 15, or 20 years, or over your expected lifetime. You can
Distribution Options
At retirement, you may receive the balance in your IAP account as a lump-sum payment or in installment payments over a 5-, 10-, 15-, or 20-year period.
Benefit Payments (IAP)
Retirement payments are mailed presorted first class on the last working day of each month and cannot be picked up in person. You can also have your benefit check automatically deposited.
PERS : IAP installments : Retirees : State of Oregon
If you no longer want to receive Individual Account Program (IAP) installment payments, you can choose to receive a one-time, lump-sum distribution of the remainder of your IAP balance. You can also
Micro-Modular & Edge DC
Prefabricated micro-modular data centers and edge pods, scalable from 5 to 50 racks, ready for 5G and edge AI workloads.
Immersion & Liquid Cooling
Single-phase immersion cooling tanks and direct-to-chip liquid cooling switches, achieving PUE below 1.1.
AI Servers & Racks
GPU-accelerated AI servers, high-density server racks, and network cabinets optimized for AI/ML workloads.
DCIM/EMS & Cable Bridge
Real-time data center infrastructure management, plus overhead cable trays and fiber bridges for structured cabling.