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DESIGNATION OF BENEFICIARY FOR LUMP SUM DEATH BENEFIT Ohio Public Employees Retirement System 277 East Town Street, Columbus, Ohio 43215-4642 1-800-222-PERS (7377) www.opers.org STEP 1: Personal Information.

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How to fill out the Opers online

Filling out the Opers form for the designation of beneficiaries for a lump sum death benefit is a crucial process. This guide provides step-by-step instructions to help you complete the form accurately and efficiently, ensuring that your beneficiaries are properly designated.

Follow the steps to fill out the Opers form online:

  1. Press the ‘Get Form’ button to access the Opers form and open it in your document editor.
  2. In Step 1, provide your personal information. Enter your Social Security Number, first name, middle initial (MI), and last name.
  3. In Step 2, begin entering beneficiary information. For each beneficiary, fill out the following fields: first name, Social Security Number, middle initial (MI), last name, gender (select male or female), birth date, address, city, state, ZIP code, and relationship to the retiree or benefit recipient.
  4. Continue filling out Step 2 for each additional beneficiary by entering the required information as specified. You can add up to eight beneficiaries on the form.
  5. If you have more than eight beneficiaries, attach an additional piece of paper with the required information listed for each additional beneficiary. Make sure to sign the additional pages and have them witnessed by two adults.
  6. In Step 3, provide your acknowledgment as the retiree or benefit recipient. Sign the form in the designated area, and date it.
  7. Enter the information for your witnesses. Each witness must provide their first name, middle initial (MI), last name, address, city, state, ZIP code, and signature. Ensure that they are not named beneficiaries.
  8. Upon completing the form, review all entries for accuracy. You can now save changes, download, print, or share the completed form as needed.

Complete your Opers form online today to ensure your beneficiaries are designated correctly.

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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.

Keep in mind, your OPERS benefit will not be reduced by any Social Security benefit you may receive. The GPO may also affect you if you are eligible for Social Security benefits through your spouse. The GPO is a reduction of Social Security benefits by two-thirds of your OPERS benefit.

In order to qualify for retirement benefits, a member of PERS must meet eligibility requirements. the Rule of 80). Retire with full benefits at age 60 if he or she has 5 or more years of contributing service. Retire at age 55 with reduced benefits if he or she has 10 or more years of service.

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.

Although you can retire at any age, you can only claim your State Pension when you reach State Pension age. For workplace or personal pensions, you need to check with each scheme provider the earliest age you can claim pension benefits.

The basics. If you retire at 55, and the average life expectancy is around 87, then 300K will need to last you 30+ years. If it's your only source of retirement income, until the state pension kicks in at around 67/68, then you are going to have to budget hard to make it last.

A common rule-of-thumb is that your income post-retirement should be between half and two-thirds of your final salary. But you may want to take some time to think about your own circumstances and future goals for retirement and plan ingly.

On face value the question of 'what is the average' is a simple one, the answer is £511 per week (£26,572 p.a.) for a retired couple and £246 per week (£12,792 p.a.) for a single retiree as per the most up to date Government's Pensioners' income figures.

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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
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
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 WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
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