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You return to PERSI employment within 90 days of being released from active duty, or are killed in the line of duty. Generally, military service may not exceed 5 years if it is at the convenience of the U.S. government, or 4 years if you voluntarily extend your duty.
Yes. There is nothing that precludes you from getting both a pension and Social Security benefits.
Being vested means that you have earned enough service credit to qualify for a pension benefit once you meet the minimum age requirements established by your retirement plan. Vesting is automatic; you do not have to fill out any paperwork to become vested.
The rule of 90 is a formula for determining when a teacher can draw a normal pension without penalty. This rule is satisfied when your age + years of service = 90.
PERSI retirees eligible for the fiscal year 2022 COLA, received a benefit change notice informing them of the adjustment a legislatively- mandated 1% and 2.5% discretionary COLA. If you have questions, call the PERSI Answer Center at 208-334-3365 or 1-800-451-8228.
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To request a withdrawal or for more information, contact PERSIs Choice 401(k) Plan record keeper, toll- free at 1-866-437- 3774 or visit .mypersi401k.com. When all of your funds have been withdrawn from your Choice 401(k) Plan account (zero balance), the account will be closed.
Your benefit is calculated based on your highest average monthly salary (gross salary) over a base period and your total months of service. A base period is the period of consecutive months during which you received your highest average monthly salary.
Service retirement is a lifetime benefit. In general, you can retire as early as age 50 with five years of service credit unless all service was earned on or after January 1, 2013. Then you must be at least age 52 to retire.
2) Public Safety Officers The minimum retirement age for public safety officers (police/firefighters) is 50. You may retire the first day of the month following the month you turn 50. (e.g., if you turn 50 on May 15th, you may retire June 1st).
When you retire as a vested member, PERSI will pay you a benefit every month for as long as you live and, if you select a retirement option with a survivor benefit, your Contingent Annuitant will receive a lifetime bene- fit after your death.

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