Oregon Saves
Frequently Asked Questions
Employer FAQs

Can the State use money from this program to pay for other programs?

No. Employee contributions go directly to their own personal OregonSaves IRA account. Accounts are not accessible to the State for other purposes and are not tied to any other retirement plans offered by the State, including Public Employees Retirement System (PERS).

Articles in this section

Can my company join the program before its required date?
How Do I Contact OregonSaves?
Do employees need to fill out paperwork to enroll or make changes?
What does automatic enrollment mean?
If I offer OregonSaves to my employees now and then decide to offer a qualified retirement plan later, what do I do?
Can I have a designated employee or payroll services provider complete the registration and enrollment process?
What if I already offer a qualified retirement plan?
What if my payroll provider is stating they will charge a fee for remitting contributions with OregonSaves?
What if my payroll company won't help me administer OregonSaves?
Do other states have programs like this?