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State of New Jersey Department of the Treasury FB05041218pDIVISION OF PENSIONS & BENEFITS Purchase SECTION P.O. Box 295, Trenton, NJ 086250295REQUEST FOR USERRAELIGIBLE SERVICE (Uniformed Services.

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Vesting is granted in the PERS after 10 years of partic- ipation . For example, if you are leaving an educational institution after 10 years of participation, you would be entitled to a Deferred Retirement benefit commencing at age 60 for Tier 1 and Tier 2, age 62 for Tier 3 and Tier 4, or age 65 for Tier 5 .

Veterans aged 60 or older, with at least 20 years of service, may retire with an annual allowance equal to 54.5 percent of their last 12 months' base salary or highest 12 consecutive months of base salary.

At least 25 years of service required. Annual Benefit = Years of Service ÷ 55 X Final Average (3 yrs.) Salary. No minimum age; however, if under age of 55, the benefit is reduced 3 percent per year (1/4 of 1 percent per month) for each year under age 55.

Public Employee Retirement System (PERS) The Public Employees' Retirement System is open to state, county, municipal, authority, and school board employees who are precluded from any other NJ state pension system (e.g., Teachers, Police and Fire, State Police, Judicial).

Go to the Division of Pensions and Benefits Web site at: .state.nj.us/treasury/pensions 2. On the Pensions and Benefits home page click the link “Log on to MBOS or EPIC”. 3. The myNewJersey “Log On Page” will open.

If you terminate covered employment before retire- ment, you may withdraw all your contributions less any outstanding loan or other obligations (plus a small amount of interest for PERS or TPAF members with at least three years of service).

20 years of service credit at age 60 or older; • 25 years of service credit at age 55 or older; or • 35 years of service credit at age 55 or older.

Public Employee Retirement System (PERS) The Public Employees' Retirement System is open to state, county, municipal, authority, and school board employees who are precluded from any other NJ state pension system (e.g., Teachers, Police and Fire, State Police, Judicial).

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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