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 Request for Retirement Estimate Psers PA Gov 2019-2025

Psrs Pa 2019-2025 Form

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welcome to the commonwealth of pennsylvania as a new hire for the commonwealth you in most cases are eligible for a sirs administered retirement benefit most new hires depending on your position have three retirement benefit options to choose from two hybrid plan options and a defined contribution plan option the hybrid plans combine a pension with a personal investment account the defined contribution plan is a personal investment account beginning with your first day on the job you automatically begin earning and contributing to a hybrid plan option you have 45 days to choose to either stay in that hybrid plan option or to switch to the other hybrid option or the defined contribution plan option the choice is a very personal one it depends on the type of work you do how long you plan to work for the commonwealth and your risk tolerance among other things we will give a brief overview of each option and things to consider to help you choose which benefit option you want no matter whic

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