Disability Retirement Benefits - PSERs
Disability Retirement Benefits - PSERs
Disability Retirement Benefits - PSERs
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The disability retirement<br />
benefit – What is it?<br />
Unlike an insurance policy, a disability<br />
retirement benefi t is an actual retirement<br />
benefi t. You must fi le an Application for<br />
<strong>Disability</strong> <strong>Retirement</strong> (PSRS-49) to be<br />
considered for the benefi t.<br />
Benefi ts are subject to approval, denial,<br />
or renewal based on your medical<br />
documentation and your job description.<br />
PSERS reserves the right to review and/<br />
or revoke your disability benefi t at any<br />
time.<br />
Generally, a disability retirement benefi t<br />
is designed to provide at least one-third<br />
of your fi nal average salary. If granted<br />
disability benefi ts, you will receive a<br />
monthly retirement benefi t payment for<br />
as long as you are deemed disabled<br />
and comply with the necessary requirements.<br />
Your benefi t is subject to an<br />
annual earnings limitation and ongoing<br />
submission of medical documentation.<br />
You may receive a disability retirement<br />
benefi t from PSERS and receive a disability<br />
benefi t from another plan such as<br />
workers’ compensation, social security,<br />
and/or an independent insurance company.<br />
Receiving other disability benefi ts<br />
will not affect your PSERS disability retirement<br />
benefi t; however, your PSERS<br />
disability retirement benefi t may affect<br />
other disability benefi ts. Your insurance<br />
provider or workers’ compensation carrier<br />
may require you to reimburse them<br />
for any retroactive disability retirement<br />
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