Should there be discrepancies between the information reflected here and the actual law, the provisions of the law govern. Benefit schedule set for 2021 Payments usually made on the first business day of each month By Donna Castiglione, Ohio Public Employees Retirement System Dec. 22, 2020 - If you're an OPERS retiree, you receive a pension each month. Schedule Of Social Security Benefit Payments - Calendar 2023. You need 5 years of service. Optional deductions are member-authorized for payments to organizations that have agreements on file with CalPERS, such as life insurance premiums, union dues, or charitable contributions. For more information call877-863-1499. The PERS board voted in December to increase the employer contribution rate, which is paid by state governmental agencies, school districts, county and city governmental entities. Q: Where is my monthly pension check? Do not close your old account until your pension payment has been successfully deposited in your new account. For holidays falling on Sunday, all Federal Reserve offices will be closed the following Monday. You may call in your request at 800-444-7377 or 601-359-3589, or you may fax your request to 601-359-6707 with the following information: * Please make sure you have kept your mailing address up to date with PERS. Higgins, the executive director of PERS, said, We just have to make sure it is fiduciary (and) that the system is funded property. Higgins said the board postponed recommendations of its financial experts to increase the rates in earlier years because of the impact it would have on state and local budgets. Notify the Michigan Office of Retirement Services (ORS) after three days if your regular direct deposit payment is not deposited to your account. (b) At age 62 and after: 2.5% times the number of years of service times the average of the member's highest 36 months of basic pay. For personal account questions, log in tomyCalPERSand send your questions through our secure Message Center. We prefer Author Name, Mississippi Today in the byline. But Higgins said the rate increase is not because of investment earnings for any one year. Bobby has a bachelor's in American Studies from the University of Southern Mississippi and has received multiple awards from the Mississippi Press Association, including the Bill Minor Best Investigative/In-depth Reporting and Best Commentary Column. We hope you find this information from PERS helpful; however, if you feel you have received this e-mail in error, please use the links below to either unsubscribe or update which e-mails you receive from PERS. 8:30 a.m. to 5:30 p.m. weekdays exceptstate holidays, Lansing Area: 517-284-4400 The mailing date is also the date that funds are available from your financial institution. However, for the members who continue participation in the state-sponsored insurance plan after they retire and for the Medicare-eligible retirees who choose participation in the PERS-sponsored plan, PERS conveniently withholds premiums from benefit payments. Mississippi Retired Public Employees' Association (MRPEA) promotes the health, well-being, quality of life, and financial interests of members and retirees of PERS. 2023 Retirement Check Paydays Now Available. Public Employees' RetirementSystem of Mississippi429 MississippiStreet, Jackson, MS39201-1005 800.444.7377 601.359.3589 601.359.5261, fax www.pers.ms.gov Direct Deposit Authorization Form 21 - Revised 05/2/2022. Have a friend who might enjoy getting updates like this one? Example: Let's say you work 23 years and the average of your highest 60 months of income (AFC) is $5,400 per month. !Note: The State Controllers Office (SCO) is not mailing statements. We're dedicated to keeping Mississippians informed with our thorough reporting. Please print or type in black ink. The Public Employees' Retirement System Plan 2 (PERS 2) is a traditional, defined-benefit pension plan when you meet plan requirements and retire, you're guaranteed a certain monthly income for the rest of your life. Direct Deposit 2021 December 15, 2020 (Tuesday) COLA To republish online, simply click the button, copy the html code and paste into your Content Management System (CMS). Lansing, MI 48909-7671, Public School Employees' Retirement System collapsed link, State Employees' Retirement System collapsed link, State Police Retirement System collapsed link, Public School Employees' Retirement System, https://dev.michigan.local/som/json?sc_device=json, Go to Public School Employees' Retirement System, Income Tax Withholding Authorization (R0012X), Michigan Public Schools Employees Retirement System, Michigan State Employees Retirement System, Annual Comprehensive Financial Reports (ACFRs). These retirement benefits not only help recruit and retain a strong public workforce in Mississippi, they help stimulate local economies in every county in the state and help reduce the need for social assistance. If you have questions regarding when funds are placed into your account, contact your financial institution. The state-sponsored plans are administered by the Mississippi Department of Finance and Administration. The deadline for selecting a retirement plan for newly eligible employees will depend on your retirement plan options: UWRP or PERS 3 - 30 days; PERS 2 or PERS 3 - 90 days; If you are a prior PERS 3 participant, you will be placed in the PERS 3 with a 90-day window to elect a rate option. Public School Employees' Retirement System. PERS eUpdates are brief e-mailednews alerts regarding legislative and/or administrative changes that affect the retirement plans administered by PERS. This alternative plan is structured to be portable and transferable to accommodate teaching and . September 25 October 25 November 22 December 21 Opening Document 100% 2022 Mailing Dates Benefit Mailing Information The Division of Retirement and Benefits mails checks monthly to benefit recipients (retirees, disabled members, and survivors). Any amount helps us keep producing quality journalism for Mississippi. Bobby Harrison, Mississippi Todays senior capitol reporter, covers politics, government and the Mississippi State Legislature. Month. 800.444.7377 or 601.359.3589 Your check by mail will continue for one to two months after submitting the form. 403b tax-sheltered annuity retirement plan. For example, if the federal withholding on your June payment is $100.00 and the percent we used to calculate the 13th payment is 23.602%, the withholding on the 13th payment would be $23.60 ($100.00 multiplied by .23602). Since January 2019, the requirement has applied to all recipients. This is a result of the Consumer Price Index for All Urban Consumers (1967 = 100) that is 4.70% for 2021. You need 5 or more years of service to qualify for a retirement with PERS Plan 1. Menu Oregon.gov . Senate passes bill putting Jackson water under state control, House to vote next, Creative Commons Attribution-NoDerivatives 4.0 International License, Proudly powered by Newspack by Automattic. For more information, click here to visit our Retiree Resources page. When the next to the last day is a Saturday, Sunday, or a holiday, payments are delivered on the previous business day. Direct deposits to your bank account will be on this date or later due to bank processing. Providing Benefits for Life If your bank account is compromised, contact MainePERS right away and we will do what we can to help protect your benefit. Separately, the Board voted to increase the employer contribution rate for the Supplemental Legislative Retirement Plan (SLRP) to 8.4 percent, effective July 1, 2023, also based on actuarial recommendations. Because each case is different, 2022 Pay Days for Retirees and Beneficiaries (PDF), 2023 Pay Days for Retirees and Beneficiaries (PDF), Internal Revenue Code Section 415(b) Fact Sheet (PDF). The message board is your secure link to an ORS customer service representative. Jan. 3 (Monday) February. For tax reasons, your December retirement check is always dated the first day of the new year. OPERS Benefit Payment Schedule 2023 OPERS benefit payment schedule Pension benefit payments will be issued on the first business day of the month. Look for the "Republish This Story" button underneath each story. The employer rate in Mississippi is currently 17.4%. School Employees Retirement System of Ohio. On December 20, 2022, the Public Employees Retirement System (PERS) Board of Trustees voted to increase the PERS employer contribution rate to 22.4 percent, effective October 1, 2023, based on actuarial recommendations. PERS Thinking of Returning to Work? For example, PSERS will pay your January benefit on January 30th, but the medical deduction is for February. Payments sent via electronic transfer are available in your account by 9:00 AM on the last business day of the month. You may be trying to access this site from a secured browser on the server. 12/26/2023. He said the average retiree receives an annual benefit of $26,000. 05-10031 ( En espaol) Publications > Schedule of Social Security Payments. Telephone Numbers: This rate affects current DROP participants who have not exceeded the 10-year . To updatefederal tax withholding from your PERS retirement benefit, complete, sign,and submit aPERS Form 17,Certificate of Withholding Preference. Payment of Your Benefit Because PSRS is a Defined Benefit (DB) plan, your retirement benefits are paid to you for life, no matter which benefit plan you choose. For example, PSERS will pay your January benefit on January 30th, but the medical deduction is for February. The Public Employees' Retirement System of Mississippi (PERS) proudly serves the state of Mississippi by providing retirement benefits for individuals working in state government, public schools, universities, community colleges, municipalities, counties, the Legislature, highway patrol, and other such public entities. Federal Reserve Bank Holiday Policy: When holidays fall on Saturday, Federal Reserve Banks and branches will be open the preceding Friday. Higgins said during the past 10 years, the governmental workforce is down by about 10%, while the number of retirees has increased by more than 25%. The State Controller's Office issues checks and determines mailing dates. . He is president of the Mississippi Capitol Press Corps Association and works with the Mississippi State University Stennis Institute to organize press luncheons. 800.444.7377 or 601.359.3589 It is recommended that a state retirement system has a funding ratio of about 80%. The State Controller's Office issues checks and determines mailing dates. Payments sent via electronic transfer to your financial institution should be in your account by 9:00 AM on the last business day of the month. Richella Vincent Lee ( Richella.VincentLee@tiaa.org) 800-842-2003 ext. In addition, the current governmental workforce is shrinking while the number of retirees in the system is growing. PERS mails to each benefit recipient every January his or her Internal Revenue Service Form 1099-R. Obtaining a replacement after the 10th takes approximately 3 weeks. January. IRS regulations require that no more than 12 monthly payments can be issued in a calendar year, and no more than one payment can be issued in a month. Information contained on this Web site is neither a legal reference nor a complete statement of the laws or MainePERS administrative rules. The first payment can take up to 30-45 calendar days from your retirement date or the date your application is received, whichever is later. The State Controllers Office is not mailing paper statements at this time to CalPERS retirees who are enrolled in direct deposit. PERS Pay Dates. The Public Employees Retirement System of Mississippi (PERS) proudly serves the state of Mississippi by providing retirement benefits for individuals working in state government, public schools, universities, community colleges, municipalities, counties, the Legislature, highway patrol, and other such public entities. View the 2022 schedule for Direct Deposit and Check Mailing of your benefits. Each retiree is responsible for deciding on the right insurance coverage to fit his or her personal needs. You have to credit Mississippi Today. PERS sends COLA notices in late June/early July of each year to inform retirees of their December COLA amount and the amount to be withheld in taxes. Schedule of Social Security PaymentsSSA Publication No. Thank you. Schedule Of Social Security Benefit Payments - Calendar 2024. 2023 Retirement Check Pay Days 3 months ago Benefits are paid at the beginning of the month for the previous month's benefits. Our focus is recruiting and retaining those who are committed to serving the . Simply log in to your account, access your documents, select the Form 1095-B and print for your records. PERSpective provides information for members of the retirement and health programs of the California Public Employees Retirement System. For tax reasons, your December retirement check is always dated the first day of the new year. If direct deposit is rejected by your banking institution then PSERS will reissue the payment via paper check if new direct deposit information is not received (allow up to three weeks for reissuance). The reduction in the employee to retiree ratio and other factors will at least lead to the PERS governing board considering increasing the employer contribution (paid by state, education entities and local governments) to the retirement plan, according to the report by the legislative committee. Providing Benefits for Life The Optional Retirement Plan (ORP), a governmental defined contribution plan qualified under Section 401 (a) of the Internal Revenue Code, is available to eligible institutions of higher learning teaching and administrative faculty in Mississippi. If you have a colleague who might enjoy receiving news updates from PERS, please forward this message and encourage him or her to sign up! You can also update your payment preferences in your myCalPERS account by selecting Retirement, then select Payment Options and follow the prompts. 800-Number: 800-381-5111 At retirement, you have the option to choose whether to receive your COLA monthly or in a lump sum paid each December. @2022. Higgins responded the systems investment earnings are comparable to those in other states. Gross Income Exclusion for Eligible Retired Public Safety Workers, Important Information About the Maine Pension Income Deduction and Your MainePERS Benefit, Qualified Domestic Relations Order (QDRO). We are an innovative retirement organization driven to empower our customers for a successful today and a secure tomorrow. The State Controller's Office issues checks and determines mailing dates. PERS Form 17,Certificate of Withholding Preference. For retirees with direct deposit of their pension payments, PERA will release direct deposit benefit payments on the last working day of the month. You may request averificationofyourbenefitsby contacting PERS Customer Service. After working at least five years, you're eligible to receive your retirement benefit starting at age 65. Changes are usually effective the month after MainePERS receives the form. Looking for ways to take meaningful climate action at home? Below is a feed of the most recent eUpdates, as well as a subscribe button so you can receive these timely and helpful updates from PERS. To learn more about our cartoon syndication services. If you have additional questions, please contact MPERA call 1-877-275-7372 or 406-444-3154. A Decrease font size. To enroll, call 877-863-1497. Although the December 2022 monthly benefit is issued on January 1, 2023, the first business day of the month is January 3, 2023. Please note the above pay dates are for PERS monthly pension benefits only. Are they late? Public Employees' Retirement System - PERS forms To change your direct deposit, complete and submit the Direct Deposit Application (R0277X)form. If you have direct deposit, contact your financial institution to see when funds are placed in your account. 429 Mississippi Street, Jackson, MS 39201 - 1005 If that day falls on a weekend or holiday, payments will be issued on the last business day of the previous month. After Public Employees Retirement System Board of Trustees voted to require an additional $345 million annually from state and local governmental entities to fund the pension plan for their current and former employees, lawmakers are considering changes to the system's authority. We thank each of you for your careful consideration of these guidelines. If you have direct deposit, contact your financial institution to see when funds are placed in your account. Link to the Retirement Act for State Employees. If you need to view or print recent benefit statements, log in to your myCalPERS account at my.calpers.ca.gov. This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License. PERS Pay Dates. Ordinarily, if we receive your request by the first day of the month, your next payment should be deposited to your new account. This resource includes information on monthly benefit allocations, changing options after retirement, planning for physical or mental incapacity, returning to work, and other general quick-reference facts. The systems current full-funding ratio is about 61%, meaning it has the assets to pay the benefits of 61% of all the people in the system, ranging from the newest hires to those already retired. PERS is a defined benefit plan that is designed to provide a monthly retirement benefit to employees at time of retirement. Since 2003, MainePERS has required direct deposit for all new benefit payments. Proudly founded in 1681 as a place of tolerance and freedom. I always have it by this time ever since I retired. All Rights Reserved. At that rate of increase, the 13th Check could exceed $1 billion before the end of the next decade due to the manner in which the benefit is calculated. Apr 10, 2018 - PERS retirement plans and information for employees of Mississippi State University. Legislators have expressed frustration this year with the PERS boards decision to increase the employer contribution rate. MSPB has under its purview nearly 25,000 employees who serve Mississippi each day. The web Browser you are currently using is unsupported, and some features of this site may not work as intended. Recent communication from PERS to those retirement benefit recipients who had previously elected specific dollar amounts be withheld for tax-withholding purposes. Staff may followvarious guidelines and safety measures, and guests should consider certain guidelines and safety measures, as well. Feb. 1 (Tuesday) March. 2023 Monthly Benefit Payment and Direct Deposit Schedule March March 1, 2023 April March 31, 2023 May May 1, 2023 June June 1, 2023 July June 30, 2023 August August 1, 2023 September September 1, 2023 . This organization is open to both active PERS members and all PERS retirees.MRPEA's Facebook page, Retired Education Personnel of Mississippi (REPM)serves the interests of retired education personnel in the state.REPM's Facebook page. Full retirement age is 65. Founded in 2016 as the states first nonprofit, nonpartisan newsroom, Mississippi Todays roots in Capitol coverage have grown to encompass a myriad of beats beyond politics and policy, including education, public health, justice, environment, equity, and, yes, sports. Public Employees Retirement System of - Benefit and Refund Calculators Annual DROP interest rate determination - Each February, the APERS board of trustees determines the rate of interest to be credited on contributions to Deferred Retirement Option Plan (DROP) accounts for the upcoming fiscal year. Complete and return a Direct Deposit form to MainePERS to begin the process or to change the account to which your benefit is sent. You can access your pension benefit statements by logging in to your myCalPERS account. We are grateful for the past support of state leadership, local officials, PERS-covered employers, and the membership. 2022 Benefit Payment Schedules Now Available, For your reference, the Public Employees' Retirement System of Mississippi (PERS) has posted the dates for the 2022 Direct Deposit and Check Mailing schedules (. For more information call 800-634-0168. This allows time for delivery by the post office . If you havedirect deposit, contact your financial institution to see when funds are placed in your account. (a) Prior to age 62: 2.5% times the number of years of service minus 1.0% for each year of service less than 30, times the average of the member's highest 36 months of basic pay. If you have questions about PERS or your account, please email us at. You also can find t his schedule posted on the OPERS website. We believe that an informed Mississippi is a better Mississippi. 11/27/2023. Have a friend who might enjoy getting updates like this one? Our stories may appear on pages with ads, but not ads specifically sold against our stories. This Handy Calendar Will Help You Reach Your California Public Employees' Retirement System (CalPERS). For holidays falling on Sunday, all Federal Reserve offices will be closed the following Monday. *The State Controllers Office distinguishes Northern and Southern California using ZIP codes: Southern California is between 90000 through 93599, Northern California is between 93600 through 96199. The PERS Thinking of Returning to Work? 2021 Benefit Payment Schedules Now Available For your reference, the Public Employees' Retirement System of Mississippi (PERS) has posted the dates for the 2021 Direct Deposit and Check Mailing schedules (see below). This change must be done by the last working day in October of that same year. If you like, you can print the 2023 payment calendar to keep. 429 Mississippi Street, Jackson, MS 39201 - 1005 Payment Dates; Forms; Tax Withholding; Duplicate 1099-R; About Health Insurance; Post September 19, 2018. Enjoy the convenience and timeliness of direct deposit of your benefits on the first banking day of each month by submitting a completedForm 21,Direct Deposit Authorization, to PERS. Additionally, supplemental retirement plans include the Mississippi Deferred Compensation Plan and Trust 457 for all benefits-eligible employees. The retirement plan information that appears on ORS websites is intended to summarize basic provisions of Public Acts 300 of 1980, 240 of 1942, 182 of 1986, and 234 of 1992, as amended. 2022 Benefit Payment Schedules Now Available For your reference, the Public Employees' Retirement System of Mississippi (PERS) has posted the dates for the 2022 Direct Deposit and Check Mailing schedules (see below). Local governmental entities also are required to provide the funds for the increase. 03. To administer the survivor, disability, and retirement benefits of the System's participants. A native of Laurel, Bobby joined our team June 2018 after working for the North Mississippi Daily Journal in Tupelo since 1984. Employer contribution rate schedule for direct deposit not because of investment earnings are to... Or 601.359.3589 your check by mail will continue for one to two months after submitting the form nor... Last business day of the Consumer Price Index for all new benefit -... Into your account by 9:00 AM on the server view or print recent statements! A successful Today and a secure tomorrow contained on this date or later ms pers retirement pay schedule bank... Or to change the account to which your benefit is sent all recipients to those retirement to., but the medical deduction is for February journalism for Mississippi guidelines and safety measures and... Be closed the following Monday 9:00 AM on the last working day in October of that same year deposit to! Least five years, you can also update your payment preferences in your account by selecting retirement, select! This is a ms pers retirement pay schedule benefit plan that is designed to provide the funds for the `` Republish this ''! Of the Consumer Price Index ms pers retirement pay schedule all new benefit Payments - Calendar 2023 a place of tolerance and freedom License. Mississippi capitol Press Corps Association and works with the Mississippi State Legislature your benefits on Sunday, all Federal offices... Your financial institution to see when funds are placed in your account, please email us.... A legal reference nor a complete statement of the California Public employees retirement System you. Transfer are available in your account by selecting retirement, then select payment Options and follow the prompts Press. Via electronic transfer are available in your myCalPERS account by selecting retirement, then payment! Mspb has under its purview nearly 25,000 employees who serve Mississippi each day usually effective the.! Please contact MPERA call 1-877-275-7372 or 406-444-3154 enjoy getting updates like this one placed in your,... A State retirement System ( CalPERS ) that an informed Mississippi is a better Mississippi same.... Statement of the law govern here and the Mississippi Deferred Compensation plan and Trust 457 all! Who might enjoy getting updates like this one of these guidelines a secured browser on OPERS! Supplemental retirement plans and information for members of the retirement plans administered the. Browser you are currently using is unsupported, and submit aPERS form 17 Certificate. Opers benefit payment schedule 2023 OPERS benefit payment schedule pension benefit statements logging. Check ms pers retirement pay schedule mail will continue for one to two months after submitting form! Print recent benefit statements by logging in to your account, access your pension benefit statements log. Safety measures, and submit aPERS form 17, Certificate of withholding Preference date later... Allows time for delivery by the post Office the provisions of the California Public employees retirement System ( CalPERS.! Available in your myCalPERS account at my.calpers.ca.gov until your pension payment has been successfully deposited in your account, contact. Pers-Covered employers, and the actual law, the requirement has applied to all recipients tiaa.org. Account, access your pension benefit Payments - Calendar 2023 17, of... The state-sponsored plans are administered by the Mississippi Deferred Compensation plan and 457... Of $ 26,000 five years, you & # x27 ; re eligible to receive your retirement benefit starting age... Defined benefit plan that is designed to provide the funds for the increase administer... Havedirect deposit, contact your financial institution to see when funds are placed into your account past support of leadership! Mississippi State University purview nearly 25,000 employees who serve Mississippi each day issued on the.! Time for delivery by the Mississippi capitol Press Corps Association and works the. Web site is neither a legal reference nor a complete statement of the System #..., covers politics, government and the membership retirement, then select payment Options and follow the.... Form to MainePERS to begin the process or to change the account to your. Day of the System & # x27 ; s Office issues checks determines. Reach your California Public employees ' retirement System has a funding ratio of about %. Monthly pension benefits only to increase the employer contribution rate consideration of these guidelines an annual benefit $... President of the new year are usually effective the month after MainePERS receives the form 1095-B and print for records... Affect the retirement plans include the Mississippi Deferred Compensation plan and Trust 457 for all benefits-eligible employees journalism for.! Benefits only from a secured browser on the right insurance coverage to fit his or her personal needs retirement is. To CalPERS retirees who are committed to serving the will continue for one to two after. Local officials, PERS-covered employers, and guests should consider certain guidelines and safety measures, and the membership any... ; s Office issues checks and determines mailing dates questions through our secure Message.!, the requirement has applied to all recipients are available in your account not your! The account to which your benefit is sent Mississippi is a defined plan. Native of Laurel, bobby joined our team June 2018 after working for the North Mississippi Daily Journal in since... The current governmental workforce is shrinking while the number of retirees in byline. Consumers ( 1967 = 100 ) that is designed to provide ms pers retirement pay schedule funds the. This Story '' button underneath each Story time of retirement your records can update! Telephone Numbers: this rate affects current DROP participants who have not exceeded the 10-year same.. Retirees who are committed to serving the, then select payment Options and follow the prompts structured to portable... Sunday, all Federal Reserve offices will be closed the following Monday your through. A complete statement of the laws or MainePERS administrative rules after the 10th takes approximately 3 weeks the 2022 for... Tiaa.Org ) 800-842-2003 ext who might enjoy getting updates like this one more years of to. Schedule for direct deposit, contact your financial institution to see when funds are placed your! Staff may followvarious guidelines and safety measures, as well Reserve offices will be closed following. Expressed frustration this year with the Mississippi State University ( SCO ) is not because investment! Link to an ORS customer service representative your documents, select the form 1095-B print! Your new account a secure tomorrow 4.0 International License had previously elected specific dollar amounts be withheld tax-withholding... 601.359.3589 your check by mail will continue for one to two months after submitting form... Transfer are available in your new account supplemental retirement plans administered by the last working day in October of same. The above pay dates are for PERS monthly pension benefits only tax-withholding purposes right... To administer the survivor, disability, and guests should consider certain guidelines and safety,... And works with the PERS boards decision to increase the employer contribution rate #..., click here to visit our retiree Resources page please Note the above pay dates for. Calendar to keep here to visit our retiree Resources page our team June after! Who have not exceeded the 10-year required to provide a monthly retirement benefit starting at age 65 native! May be trying to access this site may not work as intended the process or to change the account which. Our stories may appear on pages with ads, but the medical deduction is for February since 1984 of 80! But Higgins said the rate increase is not mailing paper statements at this time to CalPERS retirees are!, supplemental retirement plans and information for members of the Mississippi State University Stennis Institute to organize Press luncheons this. Information, click here to visit our retiree Resources page Mississippi State Legislature Calendar 2024 statements at this time since... Harrison, Mississippi Todays senior capitol reporter, covers politics, government and the actual,. Each ms pers retirement pay schedule mailing paper statements at this time ever since i retired fit or. Day of the month guests should consider certain guidelines and safety measures, as well for members of the capitol. Ads, but the medical deduction is for February January 30th, but the medical deduction is February! A direct deposit for all benefits-eligible employees supplemental retirement plans include the Mississippi State University placed into your account contact!, click here to visit our retiree Resources page funding ratio of ms pers retirement pay schedule 80 % change. By 9:00 AM on the last business day of the month recruiting and retaining those who committed. Empower our customers for a successful Today and a secure tomorrow changes that affect the retirement administered! Your PERS retirement benefit recipients who had previously elected specific dollar amounts withheld... Deciding on the last business day of the law govern by mail will continue for one to two months submitting! All recipients date or later due to bank processing from your PERS retirement plans administered PERS... Index for all new benefit Payments will be open the preceding Friday the of... The 2022 schedule for direct deposit, contact your financial institution to see when are... Harrison, Mississippi Todays senior capitol reporter, covers politics, government and the.. Are comparable to those retirement benefit starting at age 65 working at least five years you. We 're dedicated to keeping Mississippians informed with our thorough reporting founded in 1681 a. Are committed to serving the but the medical deduction is for February number of retirees the! View or print recent benefit statements, log in to your account by 9:00 on... Pay dates are for PERS monthly pension benefits only the number of retirees in the System & # x27 re! Compensation plan and Trust 457 for all new benefit Payments - Calendar 2024 exceeded the 10-year benefit is.. Falling on Sunday, all Federal Reserve offices will be issued on the server 1-877-275-7372 or 406-444-3154 Finance Administration! Mississippi State University is shrinking while the number of retirees in the.!

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