02.06.2014 Views

Disability Retirement Benefits - PSERs

Disability Retirement Benefits - PSERs

Disability Retirement Benefits - PSERs

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Comparison of <strong>Retirement</strong> <strong>Benefits</strong><br />

Terms of <strong>Retirement</strong><br />

Requires termination of employment to apply<br />

Must meet medical eligibility<br />

May withdraw contributions and interest at<br />

retirement<br />

May be revoked by PSERS at any time<br />

based on medical status<br />

Subject to renewal<br />

Subject to yearly earnings statement<br />

Restriction of earned income<br />

School employment in another state may<br />

jeopardize PSERS benefi t<br />

May work in Pennsylvania public schools<br />

under exceptions allowing retirees to be<br />

employed for emergency, shortage of<br />

personnel, or extracurricular situations<br />

Eligible for cost-of-living adjustments without<br />

regard to superannuation qualifi cations<br />

Eligible for premium assistance without<br />

regard to service credit and/or age<br />

19

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!