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  • Opers Direct Deposit Form

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Authorization Direct Deposit Enrollment, Change and Cancellation Authorization For Ohio Public Employees Retirement System (OPERS) Retiree Medical Account (RMA) IF YOU ARE CURRENTLY ENROLLED IN DIRECT.

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You can retire and get your FULL benefit at age 55 with 32 years of service or age 67 with five years of service. You can retire with a smaller, REDUCED benefit at age 57 with 25 years of service or age 62 with five years of service. See the full retirement and health care eligibility charts on opers.org.

The money you withdraw in retirement will be taxed as ordinary income based on your tax bracket at that time.

OPERS benefits are subject to local school district income taxes in Ohio. You are responsible for these taxes if your local school district has an income tax, but we cannot specifically withhold the tax from your benefit.

OCERP (Ohio County Employees Retirement Plan) – a tax deferred payroll savings program to help county employees prepare for their retirement (formerly known as the CCAO Deferred Compensation Program)

As a member of OPERS, you do not pay into Social Security. Instead, you contribute 10 percent of your salary to OPERS and your employer contributes the equivalent of 14 percent of your salary. OPERS invests these contributions in order to provide you with retirement benefits when you retire.

In order to change your direct deposit, you must have it on file with OPERS no later than the 5th day of the month your benefits are to deposit. For example, for the deposit on August 31st, you must have the form submitted to OPERS before August 5th. Call the OPERS office to request a Direct Deposit Authorization form.

Retirees' monthly retirement benefit payments are treated as ordinary income. Unless you specify the income tax withholding election you want applied to your benefit, federal and/or California state income tax will be withheld from your benefit payment as the default filing status defined in the tax form instructions.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232