Disability Retirement Benefits - PSERs
Disability Retirement Benefits - PSERs
Disability Retirement Benefits - PSERs
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PSERS does not require you to terminate<br />
your position to be eligible to apply<br />
for a disability retirement benefi t. If you<br />
apply while an active contributing member,<br />
you must go on unpaid leave or<br />
terminate employment within 30 days of<br />
submitting your application to PSERS.<br />
If at a later date you are able to return to<br />
the job, there is no guarantee that your<br />
employer will keep the position open for<br />
you. You may want to discuss this with<br />
your employer.<br />
You may not “switch” from a normal or<br />
early retirement benefi t to a disability retirement<br />
benefi t. A disability retirement<br />
benefi t is not available to members who<br />
are already receiving a normal or early<br />
PSERS retirement benefi t.<br />
How much retirement income<br />
will I receive if I retire with a<br />
disability retirement benefit?<br />
Provided you have reached at least<br />
16.667 years of credited service, your<br />
disability retirement benefi t is equal<br />
to the Maximum Single Life Annuity<br />
(MSLA) minus any reductions for options<br />
chosen by you. If you have less<br />
than 16.667 years of credited service,<br />
additional factors are applied.<br />
3<br />
A disability supplement may be included<br />
as a part of your disability retirement<br />
benefi t. The disability supplement<br />
removes the effects of early retirement<br />
penalties if you have not reached<br />
normal retirement age. If you have<br />
reached normal retirement age, the