Alaska Department of Administration

Division of Retirement and Benefits

Edited by LM 5/31/24

Upcoming June Seminars & Workshops

Posted May 31, 2024

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.

Page Last Modified: 05/31/24 09:38:25