Mpera Directions 2004 July
Mpera Directions 2004 July
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DID YOU KNOW ? Do I Qualify for a Refund A member of a defined benefit retirement system administered by the MPERA who terminates covered employment is eUgible for a refund of accu- mulated contributions. You may receive a lump-sum refund or have your eligible contributions rolled over to a qualified retirement plan. Contact the MPERA to request refund or rollover information.
PERS Defined Contribution Retirement Plan (DCRP) participants may take their funds as a lump sum or use the account bal...ance to provide for income at ter- mination, retirement or death. You may also choose to leave your funds in the plan or transfer them to an- other eligible plan.
However, for all systems, the MPERA is required by the IRS to distribute accounts less than $5,000 for non- vested members (less than five years of membership service). The MPERA will automatically refund accounts less than $200 as long as you are "terminated" by all covered employers, and we have your current address on file.a ? How to Request a Refund To request a refund, you must complete the Ter- minated Employee Refund Application.
What to read after Mpera Directions 2004 July?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Public Employees' Retirement Board to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
DID YOU KNOW ? Do I Qualify for a Refund A member of a defined benefit retirement system administered by the MPERA who terminates covered employment is eUgible for a refund of accu- mulated contributions. You may receive a lump-sum refund or have your eligible contributions rolled over to a qualified retirement plan. Contact the MPERA to request refund or rollover information.
PERS Defined Contribution Retirement Plan (DCRP) participants may take their funds as a lump sum or use the account bal...ance to provide for income at ter- mination, retirement or death. You may also choose to leave your funds in the plan or transfer them to an- other eligible plan.
However, for all systems, the MPERA is required by the IRS to distribute accounts less than $5,000 for non- vested members (less than five years of membership service). The MPERA will automatically refund accounts less than $200 as long as you are "terminated" by all covered employers, and we have your current address on file.a ? How to Request a Refund To request a refund, you must complete the Ter- minated Employee Refund Application.
What to read after Mpera Directions 2004 July?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Public Employees' Retirement Board to read onlineMoreLess
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