Vestment period: 5 years. When you retire, you will receive a monthly benefit for the rest of your life that is based on your years of public service and your average final compensation. August Sers-O-Gram Newsletter. School Employees’ (SERS) Law Enforcement Officers’ and Fire Fighters’ (LEOFF) Public Safety Employees’ (PSERS) Washington State Patrol (WSPRS) Judicial (JRS) Judges’ Retirement Fund (JRF) Save With DCP. Employers. LEOFF Plan 1 There are no requirements to repay a withdrawal if you become re-employed. SERS Wraparound HRA. DCP Deferred Compensation Program Home ; Retirees. endobj PERS Plan 2: Guaranteed amount: 2% x years of work x ave monthly salary over previous 5 years. You chose either SERS Plan 2 or Plan 3.
endobj For other technical issues, please e-mail ra-erhelpdesk@pa.gov or call SERS at 1.866.766.7740. This option is NOT available when you:In Ohio: Carroll, Columbiana, Harrison, Holmes, Jefferson, Mahoning, Stark, Summit, Tuscarawas, and Wayne counties.To apply for the Health Care Premium Discount Program, at least one family member must be enrolled in a SERS Medicare plan, and you must qualify based on your household size and income.A 25% reduction in your monthly SERS health care premium for medical and prescription drugs is available if your total household income falls at or below qualifying income levels.
Plan choice You may choose between SERS Plan 2 and Plan 3.
3 0 obj Employer Name Sample School District School Year 2008-2009 Month Sept Oct Nov Dec Jan Feb Mar Apr May June July Aug Total
There is no additional premium for the SERS Wraparound HRA.You are eligible for the Wraparound HRA when you are eligible for SERS’ health care coverage. SERS Plan 2 is a 401(a) defined benefitplan. 1 0 obj Reimbursement is capped at $1,800 per participating family, per calendar year in accordance with federal limits.To participate in the SERS Wraparound HRA, you MUST complete the Health Insurance Marketplace enrollment process through HealthSCOPE Benefits.
If your ex-spouse will be receiving an interest in your account, use WAC 415-02-510. %PDF-1.5 7 0 obj Retirees, inactive members, beneficiaries and legal-order payees: You can update your address from your Active members: Update your name and/or address through your employer. Your retirement benefit will be based on your years of service (while a member of SERS Plan 2) and your compensation. <> The State Employees Retirement System (SERS) is a governmental retirement plan and, as such, is exempt under United States Code, Title 29, Section 1003 from the federal requirements of the Employee Retirement Income Security Act (ERISA) and the Retirement Equity Act. Open the PDF and use the search box provided inside Adobe Reader.Retirees, inactive members, beneficiaries and legal-order payees: You can update your address from your Active members: Update your name and/or address through your employer.
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� �"�"�94�-����7��n�����'�'�ć�n�q{�� �q�]a�R�f�"�bT\.�� ^���Ȣ��a$���\�!�� As a Plan 2 or Plan 3 member of the Public Employees’ Retirement System (PERS), School Employees’ Retirement System (SERS) or Teachers’ Retirement System (TRS), you have the option to retire early and begin receiving a monthly benefit once you meet the minimum service requirements. DRS S 245 (R 5/10) Example WORK LOG FOR SCHOOL YEAR (please make additional copies if necessary) Example: This example assumes a salary of $20/hr and a contribution rate of 3.14% for SERS Plan 2 and 5% for SERS Plan 3. NCPERS Enrollment Period (Active Employees Only) Enrollment period ends 11/30/2020:
9 0 obj At Age 66. <>/BBox[0 0 0 0]/FormType 1/Matrix [1 0 0 1 0 0]/Length 8/Filter/FlateDecode>>stream Vested members of LEOFF Plan 2, PERS Plan 1 or 2, PSERS, TRS 1 (1) BE FORE AFTER BEFORE WAC 415-02-520 How can my Plan 1 or 2 retirement account be split1by a property division dissolution order? endobj
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