Combined Plan Your Investment Options

One of the most important features of the Combined Plan is the flexibility you have to make investment decisions suitable for your individual needs.

Since you are directing your investments and accepting the risk, be prepared to take an active role.

This means carefully considering all your investment options, developing an investment strategy, and maintaining your account.

Your Investment Options

You can choose from 10 target date funds (TDF), six standalone funds, a Self-Directed Brokerage Account, or any combination of all three.


In the Combined Plan you get to choose how to invest a portion of your account. Some members may invest everything into a single target date fund, whereas other members may choose to allocate their investments across several standalone funds. If you select the Combined Plan, your investments will default to the TDF closest to your 65th birthday. You may change your investment option if you choose.

Target Date Funds

OPERS offers 10 target date funds. They are a one-stop investment option for your long-term retirement planning.

Standalone Funds

OPERS offers six Standalone funds ranging from lower-risk, income-oriented options to higher-risk, growth-oriented options.

Returns For All Investment Options

Self-Directed Brokerage Account

Members in the Member-Directed Plan with an established account have the option to choose a mutual fund-only Self-Directed Brokerage Account, through Charles Schwab's Personal Choice Retirement Account®. This account provides members with the ability to choose mutual funds outside of the core OPERS investment options.

In order to participate in the OPERS Self-Directed Brokerage Account, the following requirements must be met:

Enroll in the OPERS Self-Directed Brokerage Account

If your account meets the criteria above, you're eligible to enroll in the Charles Schwab PCRA.

You'll need two codes to sign up (see below).

More information on the self-directed brokerage account

To learn more visit the Education Resources page.

Your account value in the Member-Directed Plan or the defined contribution portion of your Combined Plan is not a guaranteed amount. It is dependent on the performance of the investment options you select.