Service Credit and Contributing Months - OPERS
based on your contributing months of service. One year of participation is defined as 12 contributing months of participation in the plan. The percentage you are vested in your employer contributions determines the amount you are entitled to receive either at refund or when you retire. The chart below illustrates the years of participation
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INTERNAL REVENUE CODE SECTION 415(b) FACT …
www.opers.orgOhio Public Employees Retirement System 277 E. Town St. – Columbus, OH 43215-4642 www.opers.org Internal Revenue Code (IRC) Section 415(b) limits an …
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Ohio Public Employees Retirement System 2017 - OPERS
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INDEPENDENT CONTRACTOR/WORKER …
www.opers.orgPage 1 Ohio Public Employees Retirement System 277 East Town Street, Columbus, Ohio 43215-4642 Employer Services: 1-888-400-0965 www.opers.org INDEPENDENT CONTRACTOR/WORKER
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IN THE COURT OF COMMON PLEAS - OPERS
www.opers.org2 . School Employees Retirement System of Ohio. 300 East Broad Street . Suite 100 . Columbus, Ohio 43215 . Ohio Police and Fire Pension Fund. 140 East Town Street
OPERS Returning to Work After Retirement
www.opers.orgNov 01, 2018 · If a retiree dies before receiving the Money Purchase Plan benefit, their beneficiary(ies) would receive a lump-sum payment. A Money Purchase Plan benefit MUST be taken no later than: • April 1 of the year following attainment of age 70½ if the re-employed retiree has terminated employment, or
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Survivor Benefits - OPERS
www.opers.orgSurvivor Benefits Survivor Eligibility and Benefit Information Spouse If, at the time of your death, you had more than 10 years of service credit or your spouse was age 62 or older, your spouse would be eligible to receive monthly survivor benefits effective the first of the month following your death and payable throughout your spouse’s ...
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Disability Benefits - OPERS
www.opers.orgDisability Benefits Continued Eligibility – Specific Features Under the original plan, members in Groups A and B must file an application for disability benefits and terminate public service before age 60. Members in Group C must file an application for disability benefits and terminate public service before age 62.
Benefit Recipient Handbook - OPERS
www.opers.orgOur vision is to be your trusted retirement partner delivering responsive, high-quality service every time, all the time. The OPERS Mission Statement Our purpose is to provide secure retirement benefits for our members. About OPERS The Ohio Public Employees Retirement System (OPERS) was established by state law in 1935
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Vision and Dental Plan Guide - OPERS
www.opers.orgAetna Vision Plan Aetna Vision Preferred, administered by EyeMed, is available to you and your eligible dependents. If you choose to enroll in the vision plan, you’ll be responsible for paying the entire premium for this coverage and you will remain enrolled for the full year. Once enrolled, changes can only be made
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Internal Revenue Code Section 415B Fact Sheet - OPERS
www.opers.orgInternal Revenue Code Section 415(b) – Defined Benefit Dollar Limit There is also a Federal limitation on compensation. The compensation limit (established by IRC section 401(a)(17)) is the amount beyond which no further retirement contributions may be deducted from an employee’s earnable salary
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