Thanks for the comment, but we really should know the details on this.  My sources tell me that PERS as commonly known was terminated for new contributions more than a decade ago.  Those who contributed during the PERS program, i.e. longer than a decade ago, get the standard PERS retirement formula, but someone who never worked while PERS contributions were accepted, according to my understanding, only gets the income from the 401k-like replacement program.

Somebody with detailed knowledge or even (heaven forbid) the RG editors might want to clarify exactly what status employees hired since the creation of the IAP program are entitled too.  It is not just a question of the vesting time.  Do recent hires get the benefit of the standard PERS formulae???