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Versions	Form popularity	Fillable & printable
2015	4.8 Satisfied (121 Votes)
2015	4.3 Satisfied (140 Votes)

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Can I receive Social Security and PERS at the same time?

Yes. There is nothing that precludes you from getting both a pension and Social Security benefits.

What types of pensions affect Social Security benefits?

Your Government Pension May Affect Social Security Benefits (En español) The Government Pension Offset, or GPO, affects spouses, widows, and widowers with pensions from a federal, state, or local government job. It reduces their Social Security benefits in some cases.

When can you retire with PERSI?

The minimum retirement age for someone with mixed service will be between age 50 and 55. When your retirement benefit is calculated, PERSI automatically figures in the reduction that is most advantageous to you.

Is PERSI retirement taxable in Idaho?

PERSI retirement benefits are generally taxable under the IRS tax code. Benefits paid to Idaho residents are generally subject to the State of Idaho income tax.

At what age can I retire in Idaho?

PERSI retirement options 3, 4a and 4b provide for an accelerated benefit until you reach Social Security Full Retirement Age (SSFRA). If you were born before 1938, your SSFRA is age 65; if you were born later, your SSFRA is between the ages of 65 and 67.

How does PERSI work in Idaho?

It allows you to contribute a portion of your salary on a tax-deferred basis via payroll deduction. This means your contributions come out of your paycheck before taxes, thereby reducing the amount of taxes you pay during the year.

What is the rule of 90 in Idaho?

Teachers may retire when they qualify for the "Rule of 90," meaning their age plus years of service equal 90, while other vested teachers may not retire until age 65.

How much is Social Security reduced if you have a pension?

How much will my Social Security benefits be reduced? We'll reduce your Social Security benefits by two-thirds of your government pension. In other words, if you get a monthly civil service pension of $600, two-thirds of that, or $400, must be deducted from your Social Security benefits.

Is PERSI a pension?

The PERSI Base Plan is designed to provide pension benefits to career public employees. The longer you work for PERSI employers, the greater your Base Plan retirement benefit will be.

How do I apply for PERSI?

To schedule an appointment, call the PERSI Answer Center at 208-334-3365. 1 If you selected retirement option 1, 2, 4A, or 4B, fill out the demographic information fields. This is the individual that you appoint to receive a continuation of your retirement allowance following your death.

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