
SERS 131 Request for Purchase of Service SERS 131 PDF Form


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People also ask
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Can you opt out of PSERS?
If you choose to waive membership with PSERS, you must do so through the Member Self-Service (MSS) Portal on the “Class Election” page.
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Does PSERS transfer to SERS?
Multiple Service membership allows you to combine your PSERS service with SERS service (e.g., Department of Human Services, Department of Labor and Industry, Department of Transportation, etc.).
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Can I transfer PSERS to sers?
Multiple Service membership allows you to combine your PSERS service with SERS service (e.g., Department of Human Services, Department of Labor and Industry, Department of Transportation, etc.).
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What is the 10 year rule for PSERS?
If you have at least 10 years of creditable service, then you are vested in PSERS. You will eligible to receive a retirement benefit from PSERS the first of the month following your 60th birthday (at a reduced benefit) or the month following your 65th birthday for full benefits.
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Can you take your money out of PSERS?
If you are a former public school employee with a balance over $5,000 in the PSERS DC Plan, you may choose from the following distribution options. Partial distributions and full distributions may be taken as a direct distribution or a rollover to an individual retirement account or another employer retirement plan.
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What is PSERS purchase of service?
To purchase service credit is when you add additional service to your PSERS account by paying contributions and interest for service rendered. You must be an active contributing member of PSERS to purchase service credit.
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