This toolkit is designed to assist employers with providing helpful resources to newly hired PERS or TRS Defined Contribution members.

The State of Alaska offers several benefits, but not all benefits are available to every employer or have been elected by every employer to participate in. It is up to you, as the employer, to build your employee orientation kit based on the plans you participate in and the services you provide.

If you are unsure of which plan you are participating in, reach out to your Retirement and Benefits counselor.

1. Print the handout listed below

   Or you can download it and customize this checklist based on the plans you participate in and the services you provide.

   • Political Subdivision DCR New Employee Checklist

2. Print the handouts listed below

   Provide them to the employee with the above completed checklist.

   • Select Your Beneficiary
   • Better Together: Financial Readiness Overview
   • Empower Retirement Advisory Services Flyer
   • Fee Comparison Worksheet

3. Print the forms in the section below that apply to your employee to complete the customized toolkit.

1. Defined Contribution Retirement (DCR) Plan

   • PERS Defined Contribution Retirement Plan Features and Highlights
   • PERS Defined Contribution Retirement Plan Overview
   • TRS Defined Contribution Retirement Plan Features and Highlights
   • TRS Defined Contribution Retirement Plan Overview
   • Defined Contribution Retirement Plan Overview of Your Retirement Benefits (dcr010)

2. Supplemental Annuity Plan (SBS-AP)

   • SBS Annuity Plan Features and Highlights
     SBS Annuity participants may also enroll in the below Voluntary Supplemental Benefit Options.

3. Deferred Compensation Plan (DCP)

   • 457 Deferred Compensation Plan Features and Highlights

4. Voluntary Supplemental Benefits (VSBs)

   Eligible employees wishing to participate in VSB must elect to enroll within 30 days of hire or during an open enrollment period. Enroll or complete beneficiary designations by going to BENEFITFOCUS .

   VSB options include:

   • Life insurance starting at 10K up to 300K
   • Accidental Death & Dismemberment (AD&D)
   • Short or Long-Term Disability
   • Critical Illness

5. Political Subdivision Group Health and Life Plan (GHL)

   Enroll or complete beneficiary designations by going to BENEFITFOCUS .

   Eligible employees wishing to participate must contact their employer regarding enrollment into the plan.

   • Basic Life and AD&D is provided by the employer for eligible employees.
   • Employees can choose to elect Select Life up to a maximum of 60K for a premium.
   • Political Subdivision Group Life Insurance Plan Flyer

1. After your first payroll has processed:

   Login to Empower Retirement Services to complete a beneficiary form for each account you have with them. This applies to State of Alaska’s PERS DCR, TRS DCR, SBS Annuity, or DCP.

2. View online orientation videos:

   Watch employee orientation videos that apply to you.

3. Within the Next 3 months:

   learn more about your benefits by scheduling an appointment (telephonic or in-person) with a Retirement Benefit Counselor.

4. Within the Next 3 months:

   learn more about your investments and tools to help you manage your funds by scheduling an appointment with an Empower Retirement Plan Advisor.

5. Make an appointment:

   Make regular annual appointments with an Empower representative to stay on track for retirement or if you experience any major life event (marriage, divorce, birth, loss of spouse, job promotion, inheritance etc.).