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130-2150 334-517-7000 or 877-517-0020 Web site: www.rsa-al.gov This form is to be used to apply for the Federal Poverty Level Premium Assistance. PEEHIP Subscriber Information - R equired Name must be entered as shown on your Social Security card. Social Security Number or PID Number First Name Middle Name/Initial Mailing Address Last Name City Home Phone State Work Phone - - ZIP Code Date Received (For internal use only) - - / / Marital Status Single 1. 2. 3. Married Divo.

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RSA Questions & Answers

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If you have 25 years of service, you can retire at any age and apply for full retirement benefits from RSA. Tier 2 members are eligible for retirement benefits at age 62 with at least 10 years of service.

There is no provision for a “loan” from your RSA-1 account. You may not withdraw from your account unless you are no longer employed with a state agency or school, are age 70½ or older, have an unforeseeable emergency, or qualify for a small balance withdrawal.

What does “vesting” mean? A. Vesting means the member has earned enough service credit to be eligible for a lifetime retirement benefit other than a refund of contributions. Members have a vested status in the TRS after accumulating 10 years of creditable service.

If you have at least 10 years of creditable service and are at least age 60, you can begin to receive the lifetime retirement benefits. You can also begin to receive benefits at any age if you have 25 or more years of creditable service. You will receive your benefits monthly for your lifetime.

WHAT IS A RETIREMENT SAVINGS ACCOUNT (RSA)? Every employee or contributor under the new pension scheme is expected to open RSA in his/her name with a PFA of his/her choice into which all his/her contributions and returns on investment are paid.

“Vesting” in a retirement plan means ownership. This means that each employee will vest, or own, a certain percentage of their account in the plan each year. An employee who is 100% vested in his or her account balance owns 100% of it and the employer cannot forfeit, or take it back, for any reason.

The only way to get money out of an ERS account is to terminate employment and withdraw the entire account.

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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