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  • Maine Pers Ac0003 Form

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EPERS Member ROLLOVER / DIRECT TRANSFER REQUEST / CERTIFICATION FORM (For Purchase of Service Credit) Employer: The Maine Public Employees Retirement System is a tax qualified defined benefit plan and, for the purchase of service credit, accepts direct rollovers and direct transfers from qualified 401(a) and 401(k) plans, 403(b) plans, l governmental 457(b) plans and from non-Roth IRAs. Member Name: Social Security #: Mailing Address: D.O.B. City: Telephone Number: Work( State: ) Home.

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You qualify to receive a benefit upon reaching your normal retirement age of 60, 62 or 65, whether or not you are in service, provided that you have earned creditable service of 5 or 10 years, whichever amount is applicable to you.

Retirement pension income from any source will be tax exempt in Maine up to $35,0000 per individual by tax year 2025, providing an annual average tax cut of approximately $795. Military pensions and annual social security income remain fully exempt in Maine.

I am going to receive service retirement benefits from MainePERS and Social Security. How will this affect me? A: The amount of your MainePERS service retirement benefit is not affected by the amount of your Social Security retirement benefits.

Under the WEP, your Social Security benefit is figured using a modified formula. As a result, you receive a lower Social Security benefit than if you were not entitled to a MainePERS benefit. This provision reduces, but does not totally eliminate, your Social Security benefit.

Yes. There is nothing that precludes you from getting both a pension and Social Security benefits. But there are some types of pensions that can reduce Social Security payments. Get instant access to members-only products and hundreds of discounts, a free second membership, and a subscription to AARP The Magazine.

The retirement calculation formula is: Average Final Compensation ÷ 50 x Years of Service = Annual Full Retirement Benefit at Normal Retirement Age (60, 62 or 65) You must have at least 25 years of creditable service to retire before your NRA.

The retirement calculation formula is: Average Final Compensation ÷ 50 x Years of Service = Annual Full Retirement Benefit at Normal Retirement Age (60, 62 or 65) You must have at least 25 years of creditable service to retire before your NRA.

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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