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Ent I, do hereby acknowledge that I have read the enclosed tax notice and elect to receive my DROP account benefit as indicated below (Check One): 1. Lump Sum Payable to Member* 2. Monthly Annuity for Lifetime 3. Rollover Distribution to Recipient Listed on Attached Form 4. Partial Lump Sum payable to Member with Remainder Rolled Over to Recipient Listed on Attached Form* a. Amount of Partial Lump Sum to Member $ b. Amount to be Rolled Over $ * We are required to withhold 20% Federal Incom.

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With at least 5 years of service credit, you are vested for (or entitled to) a lifetime retirement benefit; and you can begin receiving a benefit when you meet certain age and service requirements.

With APERS, you have no individual retirement account like a 401(k) to borrow against or draw from, and no one can predict the total value of your benefits until you have finished collecting them. After you retire, APERS pays you a monthly pension for the rest of your life, whether that's 5 more years or 50.

What does APERS stand for? Rank Abbr.MeaningAPERSArkansas Public Employees Retirement System (benefit plan)APERSAnti-Personnel

Arkansas Public Employees Retirement System | APERS.

APERS – Anti-personnel.

APERS is a “defined benefit” plan (DB or pension plan), which guarantees eligible retirees a lifetime annuity at a rate based on their average salary and amount of service. This type of retirement plan has been around since 1875 when the first example was introduced by American Express.

Members frequently ask if they can withdraw from, add to, or borrow against their retirement accounts. The answer to all of these is “no.” The only way you can get money from APERS is to retire or to terminate your covered employment.

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© Copyright 1997-2025
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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