RETIREE INFORMATION RIPEA ANNUAL CONVENTION
WEBSITE INFORMATION & FORMS
WWW.INPRS.IN.GOV This is the INPRS homepage. Everything you need is at your fingertips whether it be forms or information.
1. Click on Forms 2. Click on Public Employees Retirement Fund 3. From there you can pick which form you need. 4. Double click on form and open. 5. Complete and print *Most retirees at some point may need to access Change of Beneficiary form, Change of Address, Direct Deposit Form or Federal and/or State Tax Form.
BENEFITS WEB LOGIN AND INFORMATION
LOG IN INFORMATION 1.Click on PERF Member Log In 2. Log in (If you do not have a login ID and password, please call our tollfree line to obtain one.
ONLINE ACCOUNT INFORMATION Once you log in, click on the Personal Information Tab you can view your information Click on the My Pension Benefit Tab to view your retirement benefit information
BENEFICIARY INFORMATION
BENEFICIARY PAYMENTS Limited Beneficiary Options 5-year Certain & Life (Option 10) If member passes away prior to receiving 5 years of payments, the beneficiary will receive the remainder of the 5 years of guaranteed payments. Straight Life (Option 20) Payout on this option consists of an ASA payout if member selected a Monthly ASA option. Cash Refund + 5-year Certain & Life (Option 71) If member passes away prior to receiving 5 years of payments, the beneficiary will receive the remainder of the 5 years of guaranteed pension payments. The Annuity Savings Account (ASA) is reduced with each monthly annuity benefit paid. If the member passes away before reducing this balance to $0, the beneficiary will receive a single payment of the amount remaining.
BENEFICIARY PAYMENTS Survivorship Options 100% Survivorship (Option 30) Guarantees the designated qualified survivor will receive 100% of the member s benefit for the remainder of the survivor s life. 66 2/3% Survivorship (Option 40) - Guarantees the designated qualified survivor will receive 66 2/3% of the member s benefit for the remainder of the survivor s life. 50% Survivorship (Option 50) - Guarantees the designated qualified survivor will receive 66 2/3% of the member s benefit for the remainder of the survivor s life.
BENEFICIARY INFORMATION If the named survivor/beneficiary predeceases you the member, please contact our office and we will let you know your options. There may also be times that it is allowed for you to change your beneficiary even for a survivorship option. Example - SB 1466 updated the rules for changing beneficiaries.
Required Minimum Distribution (RMD) INFORMATION
RMD INFORMATION If you selected to defer your Annuity Savings Account (ASA) at retirement Call the Call Center and request a Post-ASA Application. Be advised that 20% federal tax withholding will apply if you select paid directly to the member. Be advised there are no taxes if rolled over; but RMD will be carved out for up to 2 years depending on when the RMD is satisfied. Be advised that the ASA balance can be annuitized (RMD will not be carved out). Be advised that there is a thirty-day processing time line.
Q & A
INPRS Contact Information Website: www.inprs.in.gov e-mail: questions@inprs.in.gov Phone: 1-888-286-3544 8:00 a.m. to 8:00 p.m. M - F Mailing address: INPRS 1 North Capitol, Suite 001 Indianapolis, IN 46204
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