IPERS
Contact UsPublicationsSite MapSearchHome
Members
Retirees
Employers
IPERS Central
Investments
Members
  My Account
  Benefit Information
   
- For Vested Members
 
- Introduction
- Your Rights
- Designed for You
- Contributing to IPERS
- Membership Rewards
- Eligibility and Payout
- IPERS vs. Other Plans
- Leaving Employment
- It's Your Plan
  Retirement Calculators
  Member Handbook
  Forms
  Publications
  Training & Retirement Planning
Members > Benefits > Protection Occupations > Vested Members

For Vested Members—
Protection Occupations

Congratulations on Becoming a Vested IPERS Member!

 Hogback Covered Bridge

Leaving Covered Employment Before Retirement

If you decide to stop working for an IPERS-covered employer, you should contact IPERS before you terminate your employment. An IPERS representative can discuss with you the impact your length of service will have on your IPERS benefits. In some situations, working a few additional weeks can make a big difference in the benefits you are eligible to receive.

When you leave covered employment before retirement, you have the option of leaving your money in your IPERS account. You may also roll over the vested portion of your account to another qualified plan or take a lump-sum refund.
Change Text SizePrinter Friendly FormatDownload Adobe Reader
View PDF Version
of this brochure
News
FAQs
Contribution Rates
Helpful Links
If you leave covered employment before retirement…
It may not be in your best interest to take a refund of your IPERS account balance. By taking a lump-sum refund, you are giving up your membership rights. IPERS representatives can help you determine whether it’s in your best interest to take a refund if you leave covered employment.
Download Adobe ReaderPrint This Page Change Type Size and ColorWeb Policy