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  • Mainepers Form Cl 0055

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46 State House Station Augusta, ME 04333-0046 Telephone: (207) 512-3100 Toll-free: 1-800-451-9800 TTY: (207) 512-3102 EMPLOYER PRELIMINARY BENEFIT CERTIFICATION FORM The Maine Public Employees Retirement.

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As a member, you contribute a percentage of your earnings to MainePERS, and these contributions earn interest at a rate set by MainePERS Board of Trustees. The percentage you contribute depends on which membership category applies to you.

The Special Death Benefit is a monthly allowance to an eligible surviving spouse, eligible registered domestic partner, or unmarried child under age 22 equal to half of the member's average monthly salary for the last 12 or 36 months, regardless of the member's age or years of service credit.

Under current law, a teacher who is a member of the Maine Public Employees Retirement System (MainePERS) State Employee and Teacher retirement plan becomes eligible to retire by either reaching 25 years of service or by reaching the applicable normal retirement age, which is 60, 62 or 65 depending on service ...

If you wish to calculate such estimates, you may do so yourself by using the basic full benefits service retirement benefits formula (2 percent X years of service X average of highest three years' compensation = annual full benefits service retirement at normal retirement age).

participate in Social Security. Teachers contribute 7.65% out of each of their paychecks to the pension fund. The average retirement benefit is $20,151 per year, or $1,679 per month. The PERS pension replaces 60% of pre-retirement income for a teacher with 30 years of service.

Call or e-mail our Retirement Services department to find out your vested status and the normal retirement age for your plan. Is MainePERS a 401(k) plan? A. No, it is a federally qualified defined benefit plan under IRS Code Section 401(a).

Retired Teacher Salary in Maine Annual SalaryMonthly PayTop Earners$65,754$5,47975th Percentile$47,566$3,963Average$37,237$3,10325th Percentile$26,581$2,215

You qualify to receive a benefit once you have at least 25 years of service credit. 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.

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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