Inactive Member - Fall 2016

Colorado PERA has more than 232,000 members whose accounts are inactive, that is, these members no longer work for PERA employers, but left their accounts at PERA. You are one of these inactive members. Whether you recently left your PERA-covered job or you left several years ago, this newsletter will give you up-to-date information about PERA.

Since you’ve chosen to keep your account at Colorado PERA, remember that you have access to the following resources to help you better understand your retirement plan: Online Calculators Visit the...
While your Colorado PERA benefit is never reduced when you also receive a Social Security benefit, Social Security has two reductions that may apply to you—the Windfall Elimination Provision (WEP)...
If you’re planning to take a refund of your Colorado PERA account, consider what you’ll be missing out on: Membership Rights Depending on when you began membership, your membership rights, like...
The following are some frequently asked questions by inactive Colorado PERA members. If you have additional questions, don’t hesitate to give us a call us at 1-800-759-7372. We’re always happy to...
If you have less than five years of service credit, Colorado PERA must hear from you at least once every five years. If we don’t, your account may be transferred to the State’s Unclaimed Property...
The IRS imposes a penalty if you don’t either refund your account or begin taking a monthly benefit by April 1 of the year following the year in which you turn age 70½ or end Colorado PERA-covered...
An updated version of the Your PERA Benefits booklet is available online. Your PERA Benefits contains everything you need to know about Colorado PERA, including: How your retirement benefit will be...
You can now opt in to a new program that adds an extra layer of security when you access your Colorado PERA account. Multifactor authentication combines something you know: your User ID and password...
Go to www.copera.org/paperless . Enter your Social Security number and email address. Click submit.