How are you preparing yourself for retirement? OPERS has develop retirement education seminars for OPERS members. The overarching goal of these programs is to help you be more prepared to maximize your well-being in retirement. Think about that for a moment – well-being in retirement. How would you define well-being?

The OPERS Board approved emergency rules on August 15, 2019. Click here for more information. 

The Certificate of Achievement for Excellence in Financial Reporting has been awarded to OPERS and the URSJJ by the Government Finance Officers Association (GFOA) for its comprehensive annual financial report (CAFR). The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management. (more)

Most save for retirement in tax-deferred retirement accounts; meaning we delay paying taxes on those dollars until we take distributions in retirement. These dollars accumulate and grow, but they can’t stay tax-deferred forever. At a certain point, you must start making withdrawals. This is called the required minimum distribution (RMD).