Kentucky Sample Letter Requesting Client Pension Plan Account Statements
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How to fill out Sample Letter Requesting Client Pension Plan Account Statements?
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FAQ
Nonhazardous retirement benefits are based on the last (not highest) five full fiscal years of salary. If the member does not have five full fiscal years, partial years will be added to reach the 60-month minimum. Hazardous retirement benefits are based on a member's highest three full fiscal years of salary (3-High).
Benefits will depend heavily on what your state allows. ing to the National Council on Teacher Quality (NCTQ), if you leave before meeting your plan's ?vesting? requirements (see next question below), you'll typically get back only your pension contribution and a small amount of interest in most states.
Members: by phone at 502-696-8800 or 1-800-928-4646 or by email at kppa.mail@kyret.ky.gov. Employers: 888-696-8810 or visit the Employer Contacts page. Vendors: support@kyret.ky.gov.
In order to process a refund of their accumulated account balance, members must complete a Form 4525, Application for Refund of Member Contributions and Direct Rollover/Direct Payment Selection?. The member's employer is also required to report the termination date on the monthly report to KPPA.
Can I borrow money from my account with KPPA? No. There are no provisions in State statutes or regulations that allow KPPA to administer loans from member accounts.
Members can access their retirement accounts online at myretirement.ky.gov or call 1-800-928-4646. Documents can be submitted to our office by using the upload feature in Self Service, by mail or by fax at 502-696-8822.
By calling our national toll-free service at 1-800-772-1213 (TTY 1-800-325-0778) or visiting your local Social Security office. Call ahead to make an appointment. If you do not live in the U.S. or one of its territories, you can also contact your nearest U.S. Social Security office, U.S. Embassy or consulate.
