Retirement & Deferred Compensation Plans

Retirement

Oregon Public Employees Retirement System (PERS/OPSRP) Eligible employees are members of the Oregon Public Employees Retirement System. Please visit the Oregon PERS home page to learn more, log in to Online Member Services and to sign up for GovDelivery, PERS' email communication tool.

• PERS toll-free 1-888-320-7377
• PERS Online Member Services
• PERS/OPSRP Individual Account Program

Senate Bill 1049: Changes to Member Contributions and Amortization of UAL (Unfunded Actuarial Liability)

• Read the latest information about Senate Bill 1049.

Retirement Information and Resources

Tier One covers members hired before January 1, 1996; Tier Two covers members hired between January 1, 1996 and August 28, 2003; and OPSRP covers members hired on or after August 29, 2003.

• Tier One/Tier Two Pre-Retirement Guide (PDF)
• OPSRP Pre-Retirement Guide (PDF)
• Active/Inactive Member Information
• Retired Member Information

Deferred Compensation Plans

403(b) Plans or Tax Sheltered Annuity (TSA)
As a benefit to its employees, Hood River County School District sponsors a supplemental, tax-advantaged, retirement savings program authorized by Section 403(b) of the Internal Revenue Code. Such plans are often called 403(b) Plans or Tax Sheltered Annuity Plans or simply TSA Plans.

Carruth Compliance Consulting provides plan administration on behalf of the District. This means that Carruth Compliance Consulting (CCC) is primary point of contact for any questions about the Hood River County School District 403(b) Plan. Employer policies, practices, and procedures are available online, along with enrollment steps, Salary Reduction Agreements, and instructions for changing investment companies or contribution amounts. You can reach them toll free at 1-877-222-3090 or online at 403(b) Employee Information to learn more about this excellent opportunity to better prepare for the financial aspects of retirement.

403(b) Enrollment Procedures

403(b) Salary Reduction Agreement

457(b) Deferred Compensation Plan
As an additional benefit to its employees, Hood River County School District sponsors a supplemental, tax-advantaged, retirement savings program authorized by Section 457(b) of the Internal Revenue Code. Such plans are often called 457(b) Plans or Deferred Compensation Plans or simply 457 Plans. Information about this plan is available on the 457(b) Employee Information webpage.

Annual Announcement for 403(b) and 457(b) Deferred Compensation Plans

2021 403(b) TSA Plan and 457(b) DCP Announcement (PDF)

2020 403(b) TSA Plan and 457(b) DCP Announcement (PDF)

2019 403(b) TSA Plan and 457(b) DCP Announcement (PDF)

2018 403(b) TSA Plan and 457(b) DCP Announcement (PDF)

2017 403(b) TSA Plan and 457(b) DCP Announcement (PDF)

2016 403(b) TSA Plan and 457(b) DCP Announcement (PDF)

2015 403(b) TSA Plan and 457(b) DCP Announcement (PDF)

2014 403(b) TSA Plan and 457(b) DCP Announcement (PDF)

Updated 03-09-2020