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Public Employees’ Retirement System FOREWORD The New Jersey Public Employees’ Retirement Sys-tem (PERS) Member Guidebook provides a summa-ry description of the benefits of the plan and outlines the rules and regulations governing the plan . The PERS Member Guidebook should provide you with all the information you need about your PERS benefits.
Calculators estimate the Maximum Option for retirement available to members of the Public Employees' Retirement System (PERS). If you indicate the birthdate of a beneficiary, the calculator will also estimate survivor options for that beneficiary.
1 cze 2023 · NJEA members are in one of four retirement programs—two are defined benefit pension systems and two are retirement savings account programs. The retirement system you are in is determined by your job, where you are employed and the date your employment began.
If you are more than two years from your retirement date, or if you would like to learn how your retirement is calculated, you can use the worksheet and Option charts in this fact sheet to estimate your retirement allowance and the pension benefits available to your beneficiary upon your death.
The new employer should submit different New Jersey State-administered retirement requirements of the new retirement system. a new Enrollment Application through EPIC with the system (or vice versa).
The New Jersey Public Employees’ Retirement System (PERS) Member Handbook has been revised to incorporate changes to the retirement system made since the last version was published in 2005. The PERS Member Handbook provides a summary description of the benefits of the plan and outlines the rules and regulations governing the plan.
Key Facts. Employees contribute 5.5% of salary to PERS. Employers contribute 3.4% to the fund. Each dollar invested by New Jersey taxpayers in PERS supported $8.82 in total economic activity in the state. Key New Jersey Data1. The chart below summarizes the key PERS data, as of June 30, 2012:
