As a retired member of PSERS, you have the benefit of knowing that your pension benefit is guaranteed by the Commonwealth of Pennsylvania. There is no need to worry about “how much money” remains in your account, because a regular PSERS retirement benefit is a defined benefit that is payable to you for life.
Retirement benefit payments are paid on a monthly basis, and mailed on or before the last business day of the month. Electronic transfers sent directly to your financial institution should be available by 9:00 AM on the last business day of the month.
If you require verification of your retirement income for any reason, you may call or email PSERS to request an income verification letter. If you have a PSERS
Interaction account (link to Interaction page), the verification is instantly available to you under the Income Verification option.
Income verification information will not be provided over the phone. If a party other than yourself requires income verification, we need to receive a signed, written release from you that authorizes PSERS to release the information. PSERS requires this release to mail the information to any address other than the address that we have on file for you.
Renewing a Disability Retirement Benefit
A PSERS Disability Retirement is awarded on a short or long term basis. If you are receiving a short-term benefit and receive a disability retirement renewal application, the renewal must be completed and returned to PSERS within the stated specified time frame. If you fail to return the form by the specified date, you risk not receiving your monthly disability retirement benefit on time. These applications are sent to coincide with the renewal date, usually on a yearly basis. Those on a special short-term disability retirement may be required to submit a renewal sooner than one year.
Reporting Annual Earnings When Receiving a Disability Retirement
Each disability retirement benefit is subject to an earnings limitation. Each year until you reach age 62, PSERS sends an Annual Earnings of a Disability Annuitant letter. The purpose of this letter is to determine whether or not you are working in another job, and if so, that you are not exceeding the amount you may earn per year. This letter is usually mailed to you in January or February. The completed earnings statement must be returned to PSERS no later than April 30. Failure to return the form will result in the denial of your disability retirement renewal and stop your disability retirement benefit.
More detailed information pertaining to questions frequently asked by PSERS retirees is available by click on one of the links listed below: