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By Idaho Code 59-1356(4) and to elect a return-to-work option under the provisions of this program. Instructions Complete the form in blue or black ink. Read About Form 132A, attached. Employer must complete Employment Information and Certification by Employer . Employee (reemployed PERSI retiree) must complete Irrevocable Election by PERSI Retiree and Certification by PERSI Retiree . Send the form to PERSI and keep a copy for your records. Employment Information (c.

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Your benefit is calculated based on your highest average monthly salary (gross salary) over a base period and your total months of service. A base period is the period of consecutive months during which you received your highest average monthly salary. This is usually near the end of a member's career, but not always.

You may receive an unreduced retirement benefit if your years of service plus your age equal 90 (General Members) or 80 (Public Safety Officers). You do not need to reach the Rule of 80/90 to retire. As long as you have reached minimum retirement age, and have at least 60 months of service, you may retire.

Although you would have exhausted everything you contributed, PERSI would continue to pay you $1500 a month for the rest of your life, plus annual cost of living adjustments (COLAs). So if your retirement were to last another 30 years, you would receive $540,000 in benefits from the PERSI trust.

Retirement Income Varies Widely By State StateAverage Retirement Income California $34,737 Colorado $32,379 Connecticut $32,052 Delaware $31,28347 more rows • Oct 10, 2024

PERSI RETIREMENT PLAN You become a PERSI member when you go to work in an eligible position with a PERSI employer. When you earn 60 months of service credit, you will be vested to receive a lifetime benefit at retirement.

Although you would have exhausted everything you contributed, PERSI would continue to pay you $1500 a month for the rest of your life, plus annual cost of living adjustments (COLAs). So if your retirement were to last another 30 years, you would receive $540,000 in benefits from the PERSI trust.

Your PERSI Benefit The Base Plan is a qualified tax-deferred plan under IRS Code Section 401(a). PERSI provides retirees with a stable lifetime monthly income to supplement their Social Security benefits and personal savings. The actual value of your benefit exceeds your contributions and interest.

Enrollment in the PERSI Base Plan (pension) is automatic. Both you and your employer make contributions to PERSI. Your contributions are credited to your personal account, while employer contributions are pooled in a trust to cover benefits. The actual value of your benefit exceeds your contributions.

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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
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