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Fees

By law, IPERS is required to assess the following fees to members:

Monthly Processing Fee for Paper Checks: A $1.00 fee will be charged to members who request a paper check for their monthly benefit payment. To avoid this fee, sign up for direct deposit using the Direct Deposit Authorization form.

Rollover Fee: A $5.00 fee will be charged to members who request a lump-sum payment to be distributed to more than one qualified retirement plan.

Lump-Sum Payment Fee for Paper Checks: A $1.00 fee will be charged to members who request a paper check for lump-sum refund payments.

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