Public Employees Retirement System

Payment Options

PERS retirees have several options to choose from to pay their PHIP premiums. A retiree may change their payment method at any time. The change would be effective the next billing cycle after the PHIP Payment Options Form is received.

Pension deduction

A PERS retiree or surviving spouse can authorize to have their PHIP premium pulled directly from their monthly PERS pension allowance as long as there are enough funds available to pull the entire PHIP premium amount. If there are not enough funds available, you will need to choose another method of payment.

Electronic Funds Transfer (EFT)

PHIP premiums can be pulled electronically from a checking or savings account. A voided check is requested to set up this process. Funds will be pulled from the account on the 1st of the month, unless it falls on a weekend or bank holiday, otherwise it will pull on the first business day. The initial pull could take a couple of months before set up. You will receive a premium notice for premium that is not withdrawn from the bank account. If the payment is returned for non-sufficient funds (NSF) a $25.00 charge will be applied.

Did you know?

While waiting for your pension deduction or EFT to activate you will be invoiced for your premium payment. You can submit either a check or money order for invoiced premiums. Premiums are due on or before the first of the month; If payments are not received by the due date, your PHIP coverage may be terminated.
(OAR 459-035-0090)