Sworn PERS Contributions

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Breadcrumb: Service Area Summaries > City Operations > Fire & Police Disability & Retirement > Sworn PERS Contributions

City of Portland Fiscal Year 2026-27 Proposed Budget City Operations > Fire & Police Disability & Retirement > Sworn PERS Contributions Sworn PERS Contributions Budget Revenues by Fund 2023-24 Actuals 2024-25 Actuals 2025-26 Revised Budget 2026-27 Proposed External Revenues $0 $0 $0 $63,940,000 Fire & Police Disability & $0 $0 $0 $63,940,000 Retirement Fund Grand Total $0 $0 $0 $63,940,000 Program Expenses by Major Object Program expenses only include personnel, internal materials and services, external materials and services, and capital. 2023-24 Actuals 2024-25 Actuals 2025-26 Revised Budget 2026-27 Proposed Internal Materials and $39,370,384 $43,554,929 $58,370,000 $63,940,000 Services Grand Total $39,370,384 $43,554,929 $58,370,000 $63,940,000 Program Description and Goals This program reimburses the Police and Fire Bureaus for the contributions they make to the Oregon Public Employees Retirement System (PERS) on behalf of sworn employees hired after 2006 (FPDR Three members), who are enrolled in PERS for their pension benefits. No FTE are dedicated entirely to this program. The financial analysts assigned to the Administration & Support program verify expenses and send reimbursement to the Police and Fire Bureaus. The program's primary goal is to verify all contributions, so reimbursements are accurate, and to remit payment to the Police and Fire Bureaus in a timely manner. In FY 2025-26 FPDR is projected to make contributions for approximately 989 employees, forecasted to increase to roughly 1,044 by the end of FY 2026-27 and to over 1,264 by the end of the five-year forecast in FY 2030-31. Sworn PERS contributions increase as more PERS covered employees are hired, advance through pay steps, and are promoted or assigned specialty pays as they gain seniority. PERS contribution rates typically increase every other year, and sworn employees generally receive wage cost-of living adjustments each year. For FY 2026-27, the contribution rate for the PERS tier in which most FPDR Three members participate will remain at 38.06%. This program represents the fastest growing proportion of total bureau expenditures, increasing from an estimated 24.2% of total expenditures in FY 2025-26 to 24.7% in the FY 2026-27 budget. Overall program expenditures are budgeted at $63.9 million for FY 517

City of Portland Fiscal Year 2026-27 Proposed Budget 2026-27, an increase of $5.6 million or 9.5% over the FY 2025-26 Adopted Budget. Website: https://www.portland.gov/fpdr ↗ Services Reimburses the Police and Fire Bureaus for PERS contributions on behalf of sworn employees hired after 2006 (FPDR Three members), who are enrolled in PERS for their pension benefits. Equity Impacts This program does not have equity impacts as it functions internally to reimburse the Police and Fire Bureaus for PERS costs. Changes to Program In the current year, billing frequency changed from occurring on a quarterly basis to a monthly basis for PERS reimbursements. 518

Parent: Fire & Police Disability & Retirement · PDF: pp. 517-518 ↗