Kansas Stop Annuity Request
Description
How to fill out Stop Annuity Request?
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FAQ
KPERS retiree benefits are safe and guaranteed by Kansas law. A retiree will receive his or her benefit for life, no matter the economic condition. Members who leave employment and withdraw their contributions before retirement will receive the full amount they have contributed, plus interest.
If the employee chooses KPERS, do a regular enrollment on the EWP. To opt out of KPERS, employees use a State Officer Retirement Plan Election form (KPERS-3S).
If you are a PERS member terminating employment and wish to withdraw your funds, download the form from the PERS website or contact PERS at (888) 320-7377 to request the form. For members of the Optional Retirement Plan (ORP) contact your carrier directly.
You may roll over the payment to either an IRA (an individual retirement account or individual retirement annuity) or an employer plan (a tax-qualified section 401(a) plan, section 403(b) plan, or governmental section 457(b) de ferred compensation plan) that will accept the rollover.
After five years of service you are guaranteed a retirement benefit, even if you leave employment. This is called vesting your benefit. If you leave employment before you're vested with five years of service, you'll need to withdraw your account balance.
While you may have the ability to access some of your investments, such as a 401(k), this isn't possible for the funds in your CalPERS pension account. There is only one instance where you can access your CalPERS pension contributions when you leave CalPERS employment.
Complete an Application for Withdrawal of Contributions. You can download one from our forms page, get one from your designated agent or call our office at 1-888-275-5737 to receive one by mail. Once we receive your completed application, please allow four weeks for payment.
If you contribute under the employee/employer contribution plan, you may withdraw your employee contributions if you terminate all employment for which a contribution is required or if you are employed in a position ineligible for membership for at least 90 days.
You can retire at age 55 with 10 years of service. Correctional members may be eligible to retire earlier than regular KPERS members. To be eligible, you must work in a Group A or B position for at least three years immediately before retirement.
If you are no longer employed by a PERS-participating employer, you may choose to withdraw the member contributions and earnings that have accumulated in your Individual Account Program (IAP), as long as certain conditions have been met. Doing so completely cancels your membership in OPSRP/PERS.
