Retiring?
Thank you for your service to our students!
STEPS TO RETIREMENT (PSERS)
- Attend PSERS Foundations for your Future (FFYF) Session:
- Attend or view the online PSERS Foundations for your Future (FFYF) presentation. This is a general information about PSERS' benefits and services.
- To find the nearest session, please visit the PSERS website at https://www.pa.gov/agencies/psers/member-resources/ffyf#sortCriteria
- Request a Retirement Estimate:
- PSERS offers an online retirement estimate calculator which can be used at any time prior to retirement - https://www.pa.gov/agencies/psers/member-resources/retirement-calculator.
- If you are within one year of your retirement, PSERS strongly suggests that you submit a Request for Retirement Estimate (PSRS-151) form for an official estimate - https://www.pa.gov/agencies/psers/member-resources/leaving-employment/retirement-estimate
- Submit Notice of Intent to Retire to Human Resources:
- Email your notice of intent to retire from your employment with the Bensalem Township School District to the HR Department at [email protected].
- Please follow the guidelines as outlined in your collective bargaining agreement or compensation plan for notice requirements.
- Schedule PSERS Exit Counseling Session:
- Schedule your exit counselling session 6-9 months prior to your retirement date by calling the local PSERS office at 215-443-3495.
- This should be done AFTER you have attended the Foundations for your Future (FFYF) information meeting.
⚠️ Important Deadline⚠️
Submit your Application for Retirement (PSRS-8) within 90 days of your retirement date to
receive retroactive retirement benefits (even with pending divorce or service purchase).
PSERS strongly recommends that you attend an Exit Counseling session to help prevent delays in the processing of your retirement benefits that may result from errors when completing the Application for Retirement (PSERS-8).
ADDITIONAL PRE-RETIREMENT INFORMATION IS AVAILABLE AT:
- Countdown to Retirement (Checklist)
- Exit Counseling
- Health Insurance (Visit www.hopbenefits.com to learn more!)
- PSERS Retirement Options
CONTACT INFORMATION:
Public School Employees’ Retirement System (PSERS)
https://www.pa.gov/agencies/psers
1-888-773-7748 or 215-443-3495
Health Options Program (HOP)/ Premium Assistance Unit
www.hopbenefits.com
1-800-773-7725