PERS
| Retirement Tier | Hire/Entry Date | Vesting Period | Retirement Eligibility |
|---|---|---|---|
| Tier 1 | On or before June 30, 1992 | 4 years | 25 years of service at any age OR age 60 and vested. |
| Tier 2 | July 1, 1992 to June 30, 2007 | 4 years | 25 years of service at any age OR age 60 and vested. |
| Tier 3 | July 1, 2007 to June 30, 2011 | 8 years | 25 years of service at any age OR age 60 and vested. |
| Tier 4 | On or after July 1, 2011 | 8 years | 30 years of service at any age OR age 60 and vested. |
ORP
| Vesting Requirements |
|---|
| Vested Immediately (may withdraw total funds at any time after separation of employment, even if not eligible for University retirement). |