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Retirees

INFORMATION:
Retirees’ Annual COLA
PERAC guide for Retirees
 
FORMS:
Direct Deposit request Form
Option A & B residual payment 
Option B Beneficiary Change form
 
WORKING AFTER RETIREMENT: 
No Social Security Deductions from Retirees Returning to Work After Retirement
PERAC Cover Memo Nov 2013 re post retirement earnings
FAQs re post retirement earnings Nov 2015
Instructions for Post-Retirement Earnings Worksheet Nov 2015
Post Retirement Earnings Calculator – 2015
 
Each person’s tax situation is different, and for that reason we do not give out tax advice – we leave that to your chosen tax professional.  In regards to Internal Revenue Service (“IRS”) code, we are defined as a State or political subdivision retirement plan under chapter 401(a), which can be further qualified under 414(h)(2) – ” . . . contributions not included in gross income reported for federal income tax purposes . . . “. e.g. pre-tax contributions. In some circumstances a portion of your contributions will not be “pre-tax”, when that is the case, the IRS form 1099r you receive from us will indicate the amount that is not “pre-tax”.

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