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Form IM 1 for Web Qxp OPERS Opers

Form IM 1 for Web Qxp OPERS Opers

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[Music] tno here at Three Creeks capital I spent seven years working at strs and was a pain member of opers during that time most of my clients that come in today or either opers arrest arrest they always have questions if they are opers about the health reimbursement Arrangement when they retire so the HRA is an account that you will have and it's for your health care cost let me explain how it works if you're under the age of 65 you retire from opers they create what they call a base number and then you will receive your percentage based on your years of service credit and age what percentage of this Base number you will receive so in this example I'm using 1,200 which is the 2024 number I get 76% of the base your monthly reimbursement is now $912 you will get that in your HRA you will go via benefits in order to get your health care plan which could cost you more or less than that 912 so keep that in mind now when you turn 65 it's a little bit differe

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