Get Apers Form Mdf

Members frequently ask if they can withdraw from, add to, or borrow against their retirement accounts. The answer to all of these is no. The only way you can get money from APERS is to retire or to terminate your covered employment.

noun. Definition of apers. plural of aper. as in echos. a person who adopts the appearance or behavior of another especially in an obvious way they're just no-talent apers of whatever rock band has the current number one record.

In technical terms, your ASRS pension plan is a 401(a) Defined Benefit plan, while a 401(k) is classified as a Defined Contribution plan.

The Arkansas Public Employees' Retirement System (APERS). Defined benefit plan, qualified under Section 401(a) of the Internal Revenue Code, with defined contribution options.

As a member of the Public School Employees' Retirement System (PSERS) you have a retirement benefit that has both a Defined Benefit (DB) and a Defined Contribution (DC) component. The DB component of your retirement guarantees you a monthly benefit for life based on the following calculation.

PSERS never has had – and will not have – a role in managing or overseeing 403(b) / 457 plans school employers may offer to their employees as supplemental retirement packages.

To log on to the Member's Self Service (MSS) portal, click on the Members button, located at the top of the APERS website home page (.apers.org).

You receive 94% of the computed straight life annuity. This monthly benefit is payable to you for your lifetime. In the event of your death before you have received 120 monthly payments, your beneficiary is entitled to the same annuity for the balance of the 120 months.