# TEACHERS AND STATE EMPLOYEES RETIREMENT SYSTEM YOUR RETIREMENT BENEFITS

Save this PDF as:

Size: px
Start display at page:

## Transcription

1 TEACHERS AND STATE EMPLOYEES RETIREMENT SYSTEM YOUR RETIREMENT BENEFITS Member Handbook Department of State Treasurer Raleigh, NC Revised January 2015

8 Transferred creditable service counts toward your eligibility for a monthly benefit and is used to compute the amount of your benefit. Overlapping transferred service cannot be counted twice for the same time period. A transfer can affect your eligibility for retiree group coverage under the State Health Plan. For more information about the State Health Plan, see page 29. After completing 5 years of membership service in TSERS, you may transfer contributions and creditable service from CJRS and LRS to TSERS. Contact us for additional information and instructions. 8

10 At Service Retirement Mary You Step 1 Add your salary during your 4 \$30,600 \$ highest-paid years in a row. 31,700 32, ,000 \$129,200 \$ Step 2 Divide Step 1 by 4 to get \$32,300 \$ average final compensation. Step 3 Multiply Step 2 by.0182 to \$32,300 \$ apply formula. x.0182 x.0182 \$ \$ Step 4 Determine creditable service (see pages 17-20) years Step 5 Multiply Step 3 by Step 4 \$ \$ to determine your annual x 32.2 x retirement benefit. \$18, \$ Step 6 Divide Step 5 by 12 to get \$1, \$ monthly maximum allowance. Early Retirement Calculation Example Assume employee Fred Wise works 12 months per year and retires at age 61 with 24 years and 3 months of creditable service and an average final compensation of \$32,300. Here is how we calculate his benefit: \$ 32,300 (average final compensation) x.0182 \$ x (creditable service) \$ 14, Now apply the early retirement reduction percentage from the chart on page 11. \$ 14, x.88 (percentage at age 61) \$ 12,

16 Example of Payment Options Assume John Murphy has earned a service retirement benefit under the maximum allowance of \$1,000 a month. He wants to share his benefit with his wife, Pam, who is 51 when John retires at 57 after 30 years and three months of creditable service. The table below shows how much John and Pam would receive monthly under each payment option. These are only examples. Your own benefit is calculated individually and the actual amounts of your payment options are based on many factors, such as your age, your beneficiary s age, and when payments start. Payment Option To John To Pam After John s Death Maximum Allowance \$1,000 monthly \$0.00 Option 2 \$ monthly \$ monthly Option 3 \$ monthly \$ monthly Option 4* \$1, up to age 62, \$ thereafter \$0.00 Option 6-2 Option 6-3 \$ monthly; if Pam dies before John, he receives \$1,000 monthly thereafter \$ monthly; if Pam dies before John, he receives \$1,000 monthly thereafter \$ \$ *Assumes John s primary Social Security benefit is \$635 a month at age

20 Withdrawn University of North Carolina Optional Retirement Program Service Extended Illness Leave Parental Leave For detailed information about the eligibility requirements for purchasing creditable service, please see the applicable purchase form found in ORBIT. You may roll over funds from other eligible retirement plans or IRAs to purchase credible service. Rollovers to Purchase Retirement Credit We will accept pre-tax money from an eligible retirement plan or an eligible IRA via rollover or in-service plan-to-plan transfer to purchase creditable service. For further information and instructions, see Form 398 (Using a Distribution of Tax-Sheltered Savings to Purchase Retirement Credit), available in ORBIT. 20

### TEACHERS AND STATE EMPLOYEES RETIREMENT SYSTEM FOR STATE LAW ENFORCEMENT OFFICERS YOUR RETIREMENT BENEFITS

TEACHERS AND STATE EMPLOYEES RETIREMENT SYSTEM FOR STATE LAW ENFORCEMENT OFFICERS YOUR RETIREMENT BENEFITS Member Handbook Department of State Treasurer Raleigh, NC Revised January 2015 NORTH CAROLINA

### LOCAL GOVERNMENTAL EMPLOYEES RETIREMENT SYSTEM YOUR RETIREMENT BENEFITS

LOCAL GOVERNMENTAL EMPLOYEES RETIREMENT SYSTEM YOUR RETIREMENT BENEFITS Member Handbook Department of State Treasurer Raleigh, NC Revised January 2015 NORTH CAROLINA DEPARTMENT OF STATE TREASURER RETIREMENT

### TEACHERS AND STATE EMPLOYEES RETIREMENT SYSTEM. your retirement benefits

TEACHERS AND STATE EMPLOYEES RETIREMENT SYSTEM your retirement benefits Department of State Treasurer Raleigh, NC Revised January 2014 NORTH CAROLINA DEPARTMENT OF STATE TREASURER RETIREMENT SYSTEMS DIVISION

### TEACHERS AND STATE EMPLOYEES RETIREMENT SYSTEM. your retirement benefits

TEACHERS AND STATE EMPLOYEES RETIREMENT SYSTEM your retirement benefits Department of State Treasurer Raleigh, NC Revised January 2013 NORTH CAROLINA DEPARTMENT OF STATE TREASURER RETIREMENT SYSTEMS DIVISION

### LOCAL GOVERNMENTAL EMPLOYEES RETIREMENT SYSTEM FOR LOCAL LAW ENFORCEMENT OFFICERS YOUR RETIREMENT BENEFITS

LOCAL GOVERNMENTAL EMPLOYEES RETIREMENT SYSTEM FOR LOCAL LAW ENFORCEMENT OFFICERS YOUR RETIREMENT BENEFITS Member Handbook Department of State Treasurer Raleigh, NC Revised January 2015 NORTH CAROLINA

### LOCAL GOVERNMENTAL EMPLOYEES RETIREMENT SYSTEM FOR LOCAL LAW ENFORCEMENT OFFICERS. your retirement benefits

LOCAL GOVERNMENTAL EMPLOYEES RETIREMENT SYSTEM FOR LOCAL LAW ENFORCEMENT OFFICERS your retirement benefits Department of State Treasurer Raleigh, NC Revised January 2012 NORTH CAROLINA DEPARTMENT OF STATE

### Teachers and State Employees Retirement System (TSERS)

Teachers and State Employees Retirement System (TSERS) Revised July 2010 Disclaimer This presentation is based on current legislation and is subject to change without notice. This material is to be used

### Teachers and State Employees Retirement System (TSERS)

Teachers and State Employees Retirement System (TSERS) A BASIC REVIEW OF THE NORTH CAROLINA PENSION PLAN MARCH 2014 Amy Owenby Presented by: Lisa Honeycutt Disclaimer This presentation is based on current

### LOCAL GOVERNMENTAL EMPLOYEES RETIREMENT SYSTEM EMPLOYER MANUAL

LOCAL GOVERNMENTAL EMPLOYEES RETIREMENT SYSTEM EMPLOYER MANUAL Department of State Treasurer Raleigh, NC Revised January 2015 NORTH CAROLINA DEPARTMENT OF STATE TREASURER RETIREMENT SYSTEMS DIVISION JANET

### DISABILITY INCOME PLAN OF NORTH CAROLINA FOR MEMBERS OF THE TEACHERS AND STATE EMPLOYEES RETIREMENT SYSTEM AND THE OPTIONAL RETIREMENT PROGRAM

DISABILITY INCOME PLAN OF NORTH CAROLINA FOR MEMBERS OF THE TEACHERS AND STATE EMPLOYEES RETIREMENT SYSTEM AND THE OPTIONAL RETIREMENT PROGRAM Benefits Handbook Department of State Treasurer Raleigh, NC

### TEACHERS AND STATE EMPLOYEES RETIREMENT SYSTEM EMPLOYER MANUAL

TEACHERS AND STATE EMPLOYEES RETIREMENT SYSTEM EMPLOYER MANUAL Department of State Treasurer Raleigh, NC Revised January 2015 NORTH CAROLINA DEPARTMENT OF STATE TREASURER RETIREMENT SYSTEMS DIVISION JANET

### DISABILITY INCOME PLAN OF NORTH CAROLINA BENEFITS HANDBOOK

DISABILITY INCOME PLAN OF NORTH CAROLINA BENEFITS HANDBOOK FOR MEMBERS OF THE TEACHERS AND STATE EMPLOYEES RETIREMENT SYSTEM AND THE OPTIONAL RETIREMENT PROGRAM Department of State Treasurer Raleigh, NC

### Employees Retirement System (ERS) Old Plan, New Plan, GSEPS Plan Guide E RSGA. Employees Retirement System of Georgia. Serving those who serve Georgia

Employees Retirement System (ERS) Old Plan, New Plan, GSEPS Plan Guide Serving those who serve Georgia E RSGA Employees Retirement System of Georgia Updated 09/2013 Table of Contents Introduction... 3

### Choosing a Retirement Program

Revised July 1, 2011 S TATE R ETIREMENT AND P ENSION S YSTEM Choosing a Retirement Program Maryland Optional Retirement Plan Highlights of the SRPS & ORP Retirement Programs ABOUT THIS BOOK About This

### Choosing Your Retirement Plan Optional Retirement Plan for Higher Education VRS Hybrid Retirement Plan Membership Date: On or after January 1, 2014

Choosing Your Retirement Plan Optional Retirement Plan for Higher Education VRS Hybrid Retirement Plan Membership Date: On or after January 1, 2014 A comparison guide to help you select the best plan for

### TABLE OF CONTENTS. Introduction... 1. Membership... 1. Defined Benefit Portion of the Hybrid... 2. Retirement Benefits for Public Safety Officer...

TABLE OF CONTENTS Introduction... 1 Membership... 1 Defined Benefit Portion of the Hybrid... 2 Retirement Benefits... 4 Retirement Benefits for Public Safety Officer... 5 Cost-of-Living Adjustments after

### 5 - Member Benefits / Health Insurance Continuation

Illinois Municipal Retirement Fund Member Benefits / Health Insurance Continuation / SECTION 5 5 - Member Benefits / Health Insurance Continuation BENEFITS... 143 5.00 INTRODUCTION... 143 5.10 SEPARATION

### Your Pension Benefits from The City of Atlanta and The Atlanta Board of Education

Rev. 12/05 Your Pension Benefits from The City of Atlanta and The Atlanta Board of Education Summary Plan Description for the General Employees Pension Plan Police Officer s Pension Plan Firefighter s

### your retirement plan For ERS Tier 5 Members (Article 15)

your retirement plan For ERS Tier 5 Members (Article 15) New York State Office of the State Comptroller Thomas P. DiNapoli New York State and Local Employees Retirement System A Message from Comptroller

### Your Benefits Under the IMRF. Regular Plan Tier 1. Illinois Municipal Retirement Fund. Helping you build a secure retirement

Your Benefits Under the IMRF Regular Plan Tier 1 Illinois Municipal Retirement Fund Helping you build a secure retirement table of contents Your Benefits at a Glance... 2 Why you participate in IMRF...

### Retirement... A New Beginning

Retirement... A New Beginning A Guide to Retirement for the Tennessee Consolidated Retirement System January 1, 2014 David H. Lillard, Jr., State Treasurer Jill Bachus, Director of TCRS Table of Contents

YOUR BENEFIT HANDBOOK ETF P O Box 7931 Madison, WI 53707-7931 ET-2119 (REV 10/13) TABLE OF CONTENTS INTRODUCTION... 2 VESTING REQUIREMENTS... 2 WISCONSIN RETIREMENT SYSTEM... 3 Retirement Benefits...

### Virginia Commonwealth University Faculty Retirement Plan Comparison Guide

Virginia Commonwealth University Faculty Retirement Plan Comparison Guide This publication is for employees of Virginia Commonwealth University (VCU) who are: hired or rehired January 1, 2014 or later;

### Gwinnett Retirement System. Employee Handbook

Gwinnett Retirement System Employee Handbook A Summary of GRS Plan Benefits Gwinnett County Public Schools 437 Old Peachtree Road, NW Suwanee, GA 30024-2978 www.gwinnett.k12.ga.us/grs Gwinnett County Public

Your Retirement Plan Coordinated Plan For ERS Tier 3 and 4 Members (Articles 14 and 15) New York State Office of the State Comptroller Thomas P. DiNapoli New York State and Local Employees Retirement System

### What you need to know about your CalPERS. State Safety Benefits

YO U R B E N E F I T S YO U R F U T U R E What you need to know about your CalPERS State Safety Benefits C O N T E N T S Introduction............................................. 2 Your Retirement Benefits.................................

### Member Handbook. Teacher. MainePERS Benefits for Teachers. October 2014 mainepers.org

Teacher Member Handbook MainePERS Benefits for Teachers October 2014 mainepers.org MainePERS Benefits for Teachers A general summary of the benefits available to you as a MainePERS member A publication

### Handbook for Members Virginia Retirement System

Handbook for Members Virginia Retirement System V R S System Virginia Retirement Handbook for Members Virginia Retirement System The Virginia Retirement System (VRS) exists to provide its members and their

### Teachers Retirement System of Georgia. member s guide

Teachers Retirement System of Georgia member s guide Welcome to the Teachers Retirement System of Georgia The Teachers Retirement System of Georgia (TRS) is pleased to provide you with this Member s Guide.

### TRADITIONAL PLAN MEMBER GUIDE S U R S STATE UNIVERSITIES RETIREMENT SYSTEM

TRADITIONAL PLAN MEMBER GUIDE S U R S STATE UNIVERSITIES RETIREMENT SYSTEM SURS MISSION STATEMENT To secure and deliver the retirement benefits promised to our members. This booklet is intended to serve

### Your Mandatory Retirement Plan. Decision Guide

Mandatory Decision Guide > Appalachian State University East Carolina University Elizabeth City State University Fayetteville State University North Carolina A&T State University North Carolina Central

Questions & Answers About Your Employees Retirement System Hybrid Plan 1. What is the Employees Retirement System? The Employees Retirement System of Hawaii (ERS) was established in 1925 to provide retirement

Your Retirement Plan Special 20- and 25-Year Plans For PFRS Tier 1, 2, 3, 5 and 6 Members (Sections 384, 384-d and 384-e) New York State Office of the State Comptroller Thomas P. DiNapoli New York State

### Join CalSTRS? Join CalPERS? Decide which retirement system is best for you

Join? Join? Decide which retirement system is best for you 2014 15 Contents Choosing Your Retirement System 5 Your Questions Answered 6 Dual Membership 19 This guide is based on the California Teachers

### Florida Retirement System Pension Plan D R O P. Deferred Retirement Option Program

Florida Retirement System Pension Plan D R O P Deferred Retirement Option Program Department of Management Services Division of Retirement July 2011 DISCLAIMER If questions of interpretation arise as a

Questions & Answers About Your Employees Retirement System Contributory Plan for Police Officers, Firefighters, and certain Public Safety Officers* *Includes Department of the Attorney General investigators;

### Income for your. Retirement

Income for your Retirement Information about Your SDRS Retirement Benefits Class B Public Safety July 1, 2015 South Dakota Retirement System 222 East Capitol Avenue, Suite 8 P.O. Box 1098 Pierre, SD 57501

### Your Master Retirement Plan Handbook...

annuity options. Master Retirement Plan Your Master Retirement Plan Handbook... Key points in understanding this generous benefit: Remember, if you re married, you can select any of the payment options.

### Introducing Pension Plus and the Defined Contribution plan

Introducing and the plan On the day you begin public school employment, you are automatically enrolled in the plan. As a new employee who first worked for a Michigan public school on or after September

### Preparing for Retirement

Preparing for Retirement Preparing for Retirement Your UC Pension Lump Sum Cashout Retirement payment vs. paycheck Additional UC sources of retirement income Other sources of retirement income To your

### District of Columbia Teachers Retirement Plan Summary Plan Description 2007

District of Columbia Teachers Retirement Plan Summary Plan Description 2007 This booklet is a Summary Plan Description of the benefits provided to you under the District of Columbia Teachers Retirement

### Lump Sum Cashout. Fact Sheet: Lump Sum Cashout

Lump Sum Cashout Fact Sheet: Lump Sum Cashout By authority of the Regents, University of California Human Resources, located in Oakland, administers all benefit plans in accordance with applicable plan

### Application for Retirement Allowance Public Employees' Retirement System Teachers' Pension and Annuity Fund

Application for Retirement Allowance Public Employees' Retirement System Teachers' Pension and Annuity Fund State of New Jersey Division of Pensions and Benefits PO Box 295 Trenton, New Jersey 08625-0295

### The New York and Presbyterian Hospital Retirement Plan Summary Plan Description January 1, 2015

The New York and Presbyterian Hospital Retirement Plan Summary Plan Description January 1, 2015 Contents ABOUT YOUR RETIREMENT PLAN...1 ELIGIBILITY AND PARTICIPATION...2 WHO IS ELIGIBLE...2 WHEN PARTICIPATION

### Summary Plan Description

Summary Plan Description Prepared for The College of Wooster Defined Contribution Plan July 2011 TABLE OF CONTENTS INTRODUCTION...3 ELIGIBILITY...4 A. Am I eligible to participate in the Plan?...4 B. What

### Delaware Public Employees Retirement System State Employees Pension Plan. Retirement Planning. Presented by the State of Delaware Office of Pensions

Delaware Public Employees Retirement System State Employees Pension Plan Retirement Planning Presented by the State of Delaware Office of Pensions Current Statistics (as of 6/30/13) 29,539 Retirees from

1999 Academic Pension Plan TABLE OF CONTENTS Introduction... 3 Eligibility... 3 Enrolling in the Plan... 3 Contributions... 3 Defined Benefit Component:... 3 Defined Contribution Component:... 4 Other

### District of Columbia Teachers Retirement Plan

District of Columbia Teachers Retirement Plan SUMMARY PLAN DESCRIPTION 2012 District of Columbia Teachers Retirement Plan Summary Plan Description This booklet is a Summary Plan Description (SPD) of the

### TIER 1. Your Benefits. Regular Plan. Helping you build a secure retirement

TIER 1 Your Benefits Regular Plan Helping you build a secure retirement 02/2015 Locally Locally funded, funded, financially financially sound. sound. Table of Contents Benefits at a Glance... 2 Participation

PURCHASE OF PRIOR SERVICE CREDIT EMPLOYER MANUAL TABLE OF CONTENTS ELIGIBILITY 1 TYPES OF SERVICE CREDIT 2 Refunded Service Active Duty Military Service Leave of Absence for Active Duty Military Service

### Under any of the following four scenarios, however, membership is optional:

New York State Employees Retirement System (ERS): Your Coordinated Retirement Plan For Tier 3 (Hired between 7/27/76-8/31/83) and Tier 4 Members (Hired between 9/1/83-12/31/09), and Tier 5 Members (Hired

### Retirement Benefits for Judicial Officers

Retirement Benefits for Judicial Officers as administered by September 2015 JRS Plan 2 Retirement Benefits for Judicial Officers in JRS 2 This booklet provides information regarding Judicial Retirement

### Optional Retirement Program. Summary

Optional Retirement Program Summary Appalachian State University East Carolina University Elizabeth City State University Fayetteville State University North Carolina A&T State University North Carolina

### GOLD CROSS SERVICES, INC. 401(K) RETIREMENT SAVINGS PLAN SUMMARY PLAN DESCRIPTION

GOLD CROSS SERVICES, INC. 401(K) RETIREMENT SAVINGS PLAN SUMMARY PLAN DESCRIPTION TABLE OF CONTENTS INTRODUCTION TO YOUR PLAN What kind of Plan is this?... 1 What information does this Summary provide?...

### IN THIS SECTION SEE PAGE. Diageo: Your 2015 Employee Benefits 139

Diageo: Your 2015 Employee Benefits 139 Cash Balance Pension Plan The Diageo North America, Inc. Cash Balance Pension Plan is a Company-funded defined benefit plan that provides you with retirement income

### Member s Guide to: DROP. Deferred Retirement Option Plan. www.op-f.org

Member s Guide to: DROP Deferred Retirement Option Plan www.op-f.org PLAN DEFERRED RETIREMENT DROP The Deferred Retirement Option Plan (DROP) is an optional benefit that allows eligible police officers

### Frequently Asked Questions and Next Steps to Retirement

State Teachers Retirement System Of Ohio Completing My Service Retirement Application Frequently Asked Questions and Next Steps to Retirement for Members Enrolled in the Defined Benefit Plan Dear Member:

### Los Angeles County Employees Retirement Association

Los Angeles County Employees Retirement Association Death and Continuing Benefits LACERA Will Assist You through the Death Benefit Process A time of loss is a difficult and emotional period. We understand

### Service Retirement. Plans of Payment AND. For members enrolled in the Defined Contribution Plan

Service Retirement AND Plans of Payment For members enrolled in the Defined Contribution Plan 2015 2016 Service Retirement Overview Table of Contents Service Retirement Overview...1 Benefit calculation...2

### TEACHERS RETIREMENT ASSOCIATION A MINNESOTA PUBLIC PENSION FUND

TEACHERS RETIREMENT ASSOCIATION A MINNESOTA PUBLIC PENSION FUND 2011 Welcome! What is TRA? The Teachers Retirement t Association (TRA) is a public retirement t system that was founded in 1931 to provide

### District of Columbia Judges. Retirement Plan

District of Columbia Judges Retirement Plan Summary Plan Description 2008 JUDGES_COV_10-5-08.indd 1 10/6/08 7:27:13 AM Summary Plan Description 2008 This booklet is a Summary Plan Description of the benefits

### Deferred Retirement Option Plan (DROP)

Deferred Retirement Option Plan (DROP) Any Group G member who meets the requirements for a normal retirement may elect to participate in the DROP for up to three years. Sick leave may be used as credited

### Department of State Treasurer

Department of State Treasurer Disability Training - Updated January 2015 1 This presentation is based on current legislation and is subject to change without notice. This material is to be used for training

### Public Employees Retirement System Teachers Pension and Annuity Fund

RM-0018-0411 Application for Retirement Allowance Public Employees Retirement System Teachers Pension and Annuity Fund State of New Jersey Division of Pensions and Benefits PO Box 295 Trenton, New Jersey

### This guide is a summary of the provisions of the City of Austin Employees Retirement System (COAERS). As much as possible, this guide has been

Member Handbook This guide is a summary of the provisions of the City of Austin Employees Retirement System (COAERS). As much as possible, this guide has been written without technical terms, avoiding

### A Guide for all Classified School Employees contributing to CalPERS Understanding Your CalPERS Defined Benefit Rights Rewards

A Guide for all Classified School Employees contributing to CalPERS Understanding Your CalPERS Defined Benefit Rights Rewards Publication 907 AFL-CIO California School Employees Association Revised September

### Retirement Benefits for Elected State Officials. As administered by the Employees Retirement System of Texas

Retirement Benefits for Elected State Officials As administered by the Employees Retirement System of Texas September 2016 This booklet provides information regarding retirement benefits available to you

### SELF-MANAGED PLAN MEMBER GUIDE S U R S STATE UNIVERSITIES RETIREMENT SYSTEM

SELF-MANAGED PLAN MEMBER GUIDE S U R S STATE UNIVERSITIES RETIREMENT SYSTEM SURS MISSION STATEMENT To secure and deliver the retirement benefits promised to our members. This booklet is intended to serve

### Employee Benefits Frequently Asked Questions

Employee Benefits Frequently Asked Questions USA Health & Dental Plan 1. When will my medical/dental coverage be effective if I am a new employee? If your employment begins on the first day of the calendar

### SCHOOL NPERS. Employees Retirement System. Nebraska Public Employees

SCHOOL Employees Retirement System NPERS Nebraska Public Employees R e t i r e m e n t S y s t e m s ii IMPORTANT This member handbook contains time-sensitive information and should be read by all new

### Columbia University (the University ) offers two retirement plans to help provide you with retirement income after you stop working.

COLUMBIA UNIVERSITY Summary Plan Description for the Retirement Plan - Local 241 Transport Workers Union of America Columbia University (the University ) offers two retirement plans to help provide you

### BENEFITS SUMMARY. Physicians (Unit 1)

BENEFITS SUMMARY Physicians (Unit 1) THE BENEFITS OF WORKING AT THE CSU This summary provides an overview of systemwide benefits generally available to Physician (Unit 1) employees of the California State

### What You Need to Know as the Recipient of a Lump-Sum Payment An MTRS Q&A guide for our active and inactive members

What You Need to Know as the Recipient of a Lump-Sum Payment An MTRS Q&A guide for our active and inactive members For the MTRS member About your annuity savings account... 1 Withdrawing your balance.....

### KPERS. Getting Ready to Retire Your KP&F Pre-Retirement Planning Guide. re-retirement PlanningGuide

Getting Ready to Retire Your KP&F Pre-Retirement Planning Guide re-retirement PlanningGuide nsas Police and Firemen s Retirement System Information for KP&F Members Nearing Retirement KPERS Countdown to

### ANNUITY AND REFUNDS HANDBOOK FOR TIER 1 PARTICIPANTS

ANNUITY AND REFUNDS HANDBOOK FOR TIER 1 PARTICIPANTS "INQUIRE BEFORE YOU RETIRE" Our experienced counselors are here to help you navigate through the benefits in order to make an informed decision that

### Contact TRS. Phone 877.517.0020 334.517.7000. Fax 877.517.0021 334.517.7001. Email. Mail. www.rsa-al.gov. Website. Member Online Services

Contact TRS Phone 877.517.0020 334.517.7000 Fax 877.517.0021 334.517.7001 Email trsinfo@rsa-al.gov Because email submissions are unsecured, do not include confidential information like your Social Security

### Separation Benefits. ET-3101 (REV 9/23/2015) Scan to read online.

Separation Benefits ET-3101 (REV 9/23/2015) Scan to read online. Table Of Contents Before You Apply for a Separation Benefit...1 Vesting Requirements...1 Special Circumstances...2 Benefit Eligibility...2

### Your Retirement Plan A Member Handbook for Michigan s Public School Employees

Your Retirement Plan A Member Handbook for Michigan s Public School Employees Public School Employees Retirement System State of Michigan February 2015 About the Office of Retirement Services The Office

### After You Retire. What Every Pension Recipient Should Know

After You Retire What Every Pension Recipient Should Know State of Michigan State Employees' Retirement System July 2015 After You Retire What Every Pension Recipient Should Know About the Office of Retirement

### BENEFITS RETIREMENT HANDBOOK

The University of Houston BENEFITS RETIREMENT HANDBOOK Rev 10/07 UNIVERSITY OF HOUSTON BENEFITS RETIREMENT HANDBOOK TABLE OF CONTENTS SECTION I DEFINITION OF A RETIREE 3 SECTION II RETIREE INSURANCE BENEFITS

### NC General Statutes - Chapter 135 1

Chapter 135. Retirement System for Teachers and State Employees; Social Security; State Health Plan for Teachers and State Employees. Article 1. Retirement System for Teachers and State Employees. 135-1.

### SUMMARY REVIEW COLORADO COUNTY OFFICIALS AND EMPLOYEES RETIREMENT ASSOCIATION 457 DEFERRED COMPENSATION PLAN FOR THE

SUMMARY REVIEW FOR THE COLORADO COUNTY OFFICIALS AND EMPLOYEES RETIREMENT ASSOCIATION 457 DEFERRED COMPENSATION PLAN TABLE OF CONTENTS INTRODUCTION... i HIGHLIGHTS... 2 PARTICIPATION... 2 Eligibility to

### UNC General Administration Employees. Brian Usischon Associate Vice President for Human Resources/ University Benefits Officer

TO: FROM: SUBJECT: UNC General Administration Employees Brian Usischon Associate Vice President for Human Resources/ University Benefits Officer Leaving University Employment When your employment ends

### TABLE OF CONTENTS. Eligibility... 3. Disability Allowance... 4. Benefit Payment Options... 7. Applying for Disability Retirement...

TABLE OF CONTENTS Eligibility... 3 Disability Allowance... 4 Benefit Payment Options... 7 Applying for Disability Retirement... 10 Expectations after Retirement... 13 For Additional Information... 16 Glossary

### BENEFITS SUMMARY. Academic Support (Unit 4)

BENEFITS SUMMARY Academic Support (Unit 4) THE BENEFITS OF WORKING AT THE CSU This summary provides an overview of systemwide benefits generally available to Academic Support (Unit 4) employees of the

### 7/15/2015. Injured Workers Retirement Options. Objectives. Retirement System Overview

Injured Workers Retirement Options NICOLE KELSCH WORKERS COMPENSATION PROGRAM MANAGER NORTH FLORIDA/SOUTH GEORGIA VETERANS HEALTH SYSTEM Objectives Identify retirement options to determine eligibility

### Thrift Savings Plan. Plan Overview. Investment Options. Contribution Limits. Withdrawal Options

Plan Overview Investment Options Contribution Limits Withdrawal Options (TSP) Contents Investment Options... Life Cycle Funds... TSP Contributions - Tax Treatment... Agency Contributions... Over 50 Catch-up

### Payment Options. Retirement Benefit

Payment Options Retirement Benefit Table of contents Choosing your benefit payment option... 2 Life Annuities... 5 Fixed Period Benefit... 7 Installment Benefit... 8 Combination of Benefits... 10 Single

Plan VRS 1&2 Getting Ready to Retire Guide for Members in Plan 1 and Plan 2 Providing information to help you prepare and apply for retirement GETTING READY TO RETIRE GUIDE 08-2014 1 Getting Ready to Retire

### Boeing Satellite Systems Retirement Plan

Boeing Satellite Systems Retirement Plan Summary Plan Description 2008 Edition/Eligible Union-Represented Employees EAST 1553 and IBEW 2295 The summary plan description (SPD) for this Plan is this booklet

### The law, language and calculations. PERA Benefits and Marriage Dissolution

The law, language and calculations PERA Benefits and Marriage Dissolution Public Employees Retirement Association of Minnesota September 2010 September 2010 If you have questions about marriage dissolution

### The Public Employees Retirement System or The Alternate Benefit Program

STATE OF NEW JERSEY DEPARTMENT OF THE TREASURY DIVISION OF PENSIONS AND BENEFITS Considerations for Choosing Between The Public Employees Retirement System or The Alternate Benefit Program February 2015

### UNO-VEN Retirement Plan. Summary Plan Description As in effect January 1, 2012

Summary Plan Description As in effect January 1, 2012 In the event of any conflict between this Summary Plan Description (SPD) and the actual text of the UNO-VEN Retirement Plan, the more detailed provisions