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Name of Financial Institution As you wish the Payee line to appear Date Street Address Branch Telephone Number FUNDS WILL NOT BE TRANSFERRED FOR 8-10 WEEKS AFTER THE MEMBER S DATE OF RETIREMENT qualified IRA or other qualified plan. SERS will only process a rollover when submitted on a completed SERS-254 rollover form. We understand that payment will not be made until the retirement account is processed. PART 2 must be completed and signed by qualified plan. Failure to complete will invalidate ...

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Can I cash out my SERS?

You can refund your SERS accumulated contributions if you have terminated your SERS-covered position, and at least three months have passed since your last date of service.

How does a Pennsylvania state pension work?

Generally, the annual benefit equals an employees final average salary x years of service x class of service multiplier x 2%, adjusted for their age at retirement. The law does not provide automatic cost of living adjustments after retirement.

When can you retire from a state job in PA?

SERS normal retirement age is 65, 60, 55, or 50 depending on your class of service, which is listed on your annual member statements. You can check your most recent statement in SERS online members services.

What happens to my SERS if I quit?

If you withdraw your SERS account, your SERS membership and all service credit earned under your SERS-covered position will be cancelled, as well as any rights to SERS retirement, disability, and survivor protections.

How long does it take to get retirement refund?

You can typically expect to receive your refund within 30 to 45 days from the date we receive all your necessary forms.

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