PERS Hybrid Retirement Plan - Tier 5
Mandatory for those who become members of PERS on or after March 1, 2026
The Hybrid Retirement Plan, a governmental plan under Section 401(a) of the Internal Revenue Code, is available to those who become members of PERS on or after March 1, 2026. This hybrid plan consists of two components: a defined benefit plan and a defined contribution plan. A Hybrid Plan member who has met the retirement eligibility requirements for PERS will receive a retirement benefit that will consist of a calculated monthly payment from the defined benefit component and the accumulated balance in his or her defined contribution component.
Hybrid Retirement Plan Handbook
This handbook provides detailed information about of your hybrid retirement plan.
Hybrid Retirement Plan Fact Sheet
This fact sheet provides an overview about of your hybrid retirement plan.
Click here to download the Hybrid Retirement Plan Fact Sheet
Hybrid Plan Retirement Education
PERS Retirement Education offers educational opportunities to members of the PERS Hybrid Retirement Plan. Please click below to learn more.
Click here for Early Career/New Employee for Hybrid members
Click here for Focus Sessions for Hybrid members - Coming Soon
Click here for Full Day Seminars for Hybrid members - Coming Soon
