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Financials — Tier One

Oregon Public Employees Retirement System Tier One Earnings Crediting Rates (Percent)*


Year* Rates below are used for retirements effective the first of the month.
JanFebMarAprMayJunJulAugSepOctNovDecFinal
20240.000.58
1.13
1.71
2.28
2.86
3.43
4.01
4.60
5.16
5.75
20230.000.581.111.702.262.853.424.004.595.165.746.31 6.90
20220.000.581.11 1.70 2.26 2.85 3.42 4.00 4.59 5.16 5.74 6.31 6.90
2021
0.00 0.61 1.16 1.772.36 2.97 3.57 4.184.79 5.38 5.996.58 7.20
2020
0.00 0.601.18 1.79 2.38 2.993.584.19 4.805.396.00 6.59 7.20
2019 0.000.61 1.1 6 1.772.36 2.973.57 4.18 4.79 5.38 5.99 6.58 7.20
20180.000.611.161.772.362.973.574.184.795.385.996.58 7.20
20170.000.631.211.842.463.103.714.354.995.606.246.86 7.50
20160.000.631.221.862.473.113.724.365.005.616.256.86 7.50
20150.000.651.251.912.543.203.844.505.155.796.457.09 7.75
20140.000.651.251.912.543.203.844.505.155.796.457.09 7.75
20130.000.671.291.972.633.303.964.645.325.986.667.32 8.00
20120.000.671.311.982.643.323.974.655.335.986.667.32 8.00
20110.000.671.291.972.633.303.964.645.325.986.667.32 8.00
20100.000.671.291.972.633.303.964.645.325.986.667.32 8.00
20090.000.671.291.972.633.303.964.645.325.986.667.32 8.00
20080.000.671.311.982.643.323.974.655.335.986.667.32 8.00
20070.000.671.291.972.633.303.964.645.325.986.667.32 7.97
20060.000.671.291.972.633.303.964.645.325.986.667.32 8.00
20050.000.671.291.972.633.303.964.645.325.986.667.32 8.00
20040.000.671.311.972.643.323.974.655.335.986.667.32 8.00
20030.000.671.291.972.633.303.964.645.325.986.667.32 8.00
20020.000.671.291.972.633.303.964.645.325.986.667.32 8.00
20010.000.671.751.972.633.303.964.645.325.986.667.32 8.00
20000.000.671.311.983.543.323.974.655.336.826.667.32 8.00


YearActual Tier One Earnings Available for Crediting (Percent)
JanFebMarAprMayJunJulAugSepOctNovDecFinal
2024
0.24
1.10
2.21
1.34
2.85
3.17
4.00
5.17
5.84
2023
1.79 0.99 1.74 2.13 2.36 3.163.563.612.351.973.885.53
5.52%
2022
-1.32 -0.85 1.11 -0.48 0.63 -1.55 -0.29 -1.70 -4.66 -3.41 -1.05 -1.89 -1.91%
2021
0.28 2.385.258.16 11.30 11.75 13.22 16.88 15.7717.64 18.77 20.22 20.14
2020
-0.24-2.48-7.28-5.15 -5.38 -4.66 -2.54 0.33-0.18-0.35 5.52 7.21 7.18
20193.00 3.83 4.50 6.01 5.07 7.78 8.18 8.71 9.57 10.5411.9513.29 13.27
2018 1.87 0.50 0.55 0.91 1.99 1.64 2.98 4.45 4.40 1.28 2.43 0.20 0.23
20171.04 2.26 2.96 4.81 6.44 7.16 8.73 9.8610.91 12.36 14.23 15.12 15.23
2016-2.86-2.95 0.77 1.65 1.692.39 5.434.75 5.65 4.53 4.877.12 7.15
2015-0.351.992.343.363.482.762.91-0.05-0.113.052.751.88 1.87
2014-1.47 0.74 2.81 2.97 4.40 6.37 5.53 6.69 6.16 6.79 7.58 7.25 7.24
20131.882.034.195.925.585.237.476.3310.0612.3113.1616.02 15.62
20122.795.156.686.522.736.767.828.7310.6810.4711.2914.45 14.68
20110.842.444.837.116.497.477.123.340.204.843.362.21 2.21
2010-1.43-0.782.253.32-1.19-1.022.711.436.428.487.5912.65 12.44
2009-3.02-7.14-8.51-2.932.180.705.788.4013.3712.8615.3919.13 19.12
2008-3.99-4.09-5.00-1.82-0.84-5.19-6.72-7.69-14.35-23.96-27.01-27.21 -27.18
20070.740.832.174.627.727.816.646.8110.5813.0510.2610.10 10.22
20062.992.714.546.794.104.925.437.319.2511.7713.8915.50 15.57
2005-1.251.17-0.17-1.322.073.366.297.249.587.6010.5313.16 13.74
20041.713.133.781.932.493.882.183.385.297.1110.7913.91 13.80
2003-1.54-2.49-1.733.407.949.4210.5412.6913.9518.4920.2123.30 23.79
2002-0.52-1.070.77-0.05-0.13-3.37-8.05-7.27-12.70-9.35-6.09-8.22 -8.93
20011.75-2.75-5.76-3.21-2.51-4.74-5.33-7.13-11.82-9.89-8.27-7.36 -7.17
2000-2.531.933.930.991.364.853.737.534.673.25-2.600.23 0.63


Per OAR 459-007-0003, any year-to-date calculation used to credit earnings to Tier One member accounts shall be a pro-rate of the assumed interest rate and cannot be greater unless and until the conditions in ORS 238.255 have been met.