Transcription of PERS Member Guidebook - State
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PERS Member Guidebook - State
Pensions & Benefits Public Employees'. retirement system (PERS). Member Guidebook SP-0333-0718. Public Employee's retirement system Table Of Contents Supplementing your Pension.. 23. PERS General Information.. 3 Overview .. 24. Foreword .. 4 Retirements.. 25. The retirement system .. 4 Overview .. 26. Contacting the New Jersey Division of Types of retirement .. 26. Pensions & Benefits (NJDPB) .. 4 Optional Settlements at retirement .. 30. Plan Information.. 5 The retirement Process .. 31. Eligibility.. 6 Reduction or Suspension of Your Benefits.. 35. Membership.. 7 Employment After retirement .. 35. Part-time Crossing Guards.. 8 Active and Retired Death Benefits.. 36. Elected or Appointed Officials .. 8 Overview .. 37. Enrollments .. 9 Choosing a Beneficiary .. 38. Overview .. 10 Payment of Group Life Insurance.. 38. Multiple and Dual Membership.. 11 Group Life Insurance and Transfers.. 12 Leave of Absence.
THE RETIREMENT SYSTEM The State of New Jersey established the PERS in 1955 to replace the former State Employees’ Retirement System . The NJDPB is assigned all administrative functions of the retirement system except for invest-ment . The PERS Board of Trustees has the responsibility for the proper operation of the retirement system . The
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