Edited by LM 5/31/24
Upcoming June Seminars & Workshops
Join Us In Person
The Retirement Process – Public Employees’ Retirement Plan (PERS) Tier I, Tier II & Tier III
- June 6, 2024 - 2 - 4:30 p.m.
- Alaska State Library, Archives, and Museum Bldg., 395 Whittier St., Juneau
- Covered parking available
This seminar is designed for members of the Defined Benefit plan:
- Tier I members who entered service between January 1, 1961, and June 30, 1986
- Tier II members who entered service between July 1, 1986, and June 30, 1996
- Tier III members who entered service between July 1, 1996, and June 30, 2006
Your Benefit Education Counselors will cover...
- The retirement process
- The Voluntary Savings Plan
- Eligibility
- Vesting
- Service and benefit calculations
- Early and normal retirement
- Increasing service credit
- Survivor options
- Retiree insurance options
- After-retirement increases
- The timing of benefits
- And more!
Supplemental Annuity Plan (SBS-AP) & Deferred Compensation Plan (DCP)
- June 14, 2024 - 2 - 4:30 p.m.
- Alaska State Library, Archives, and Museum Bldg., 395 Whittier St., Juneau
- Covered parking available
This interactive session provides valuable information regarding the mandatory Supplemental Annuity Plan (SBS-AP), your Social Security replacement plan, into which you and the State contribute, and the optional Deferred Compensation Plan (DCP), allowing for pre- and post-tax contributions.
Benefit Education Counselors will provide valuable information about the...
- Supplemental Annuity Plan (SBS-AP)
This mandatory plan is your Social Security replacement plan, into which both you and the State make contributions.
- Deferred Compensation Plan (DCP)
This optional plan allows you to make both pre- and post-tax contributions.
Introduction to the Defined Contribution Retirement Plan (DCR)
- June 21, 2024 - 2 - 4 p.m.
- Alaska State Library, Archives, and Museum Bldg., 395 Whittier St., Juneau
- Covered parking available
This seminar is designed for Public Employees’ Retirement System and Teachers’ Retirement System members who entered service after July 1, 2006.
The interactive session will cover...
- Defined Contribution account
- Financial advice services
- Retiree insurance plans
- Health Reimbursement Arrangement
- Occupational Disability
- Eligibility
- Vesting
- Investment options
- Distribution
- Additional resources
Ready to Retire! Application Review and Submission Workshop - Public Employees’ Retirement Plan (PERS) Tier I, Tier II & Tier III
- June 21, 2024 - 2 - 4 p.m.
- Alaska State Library, Archives, and Museum Bldg., 395 Whittier St., Juneau
- Covered parking available
This workshop is designed for the following Public Employees’ Retirement System members:
- Tier I: Hired between January 1, 1961, and June 30, 1986
- Tier II: Hired after June 30, 1986, and before July 1, 1996
- Tier III: Hired after June 30, 1996, and before July 1, 2006
This workshop will cover...
- How to complete your PERS retirement application completely and correctly to avoid processing delays
- How to submit your retirement application to the Division of Retirement and Benefits
Common questions and frequent issues about...
- The timeline for benefit processing and when you will begin receiving your retirement benefit
- Delays regarding incomplete application submissions
- Eligibility, including vested, vested deferred, and claimed service
- Identification requirements
- Electronic direct deposit, including providing a copy of a voided check and information on foreign banks
- Health benefit and life insurance enrollment
- Options for beneficiaries and survivors and the difference between them
- Spousal consent and waiver
- The Alaska Cost-of-Living Allowance (COLA)
- Bonafide termination of employment
- Divorce and the Qualified Domestic Relations Order (QDRO)
To register and find seminar matierals, head to our Seminar & Workshops webpage.
General Processing Delay Statement
A Statement Concerning Retirement Processing Timelines.
Read MoreJune Retiree Benefit Mailing Date
Retirees: June 25 benefits will be deposited and checks will be mailed today, June 25.
Read More