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Slide 1: PERA Choice

• New Members with the Option to Choose Plans
• PERAChoice Booklet

Slide 2: Member Contribution Rates

• Member Contribution Rates

Slide 3: Employer Contributions

• Employer Contribution Rates

 Slide 4: Two Choices

•  PERAChoice Booklet:  Side-by-side comparison of both plans – pgs. 3-4

Slide 5: Who invests?                   

Slide 6: What are the risks?

Slide 7: How long will your income last?

Slide 8: What will I get at retirement with Defined Benefit?

• Highest Average Salary Tables

Slide 9: What will I get at retirement with Defined Contribution?

Slide 10: Are there additional benefits?

DB Plan only:

1. Survivor Benefits
2. Disability Benefits
3. Annual Benefit Increases
4. Health Benefits (PERACare) *, **

* DB plan: Healthcare + subsidy.

**DC Plan:  No subsidy. Eligibility requirements 

Slide 11: Are there fees?

• PERAPlus 401(k)/457 and DC Plans' Fees

Slide 12: Is there access to voluntary plans?

For both DB and DC:

• Life Insurance
• PERAPlus 401(k)/457 Plans

Slide 13: Will I have a Social Security reduction?

• PERA and Social Security

Slide 14: Options

• PERAChoice Booklet (election forms begin on page 15)

Slide 15: Leaving PERA Employment – DB Plan

• Leaving Employment

Slide 16: Leaving PERA Employment – DC Plan

Slide 17: Opportunity to Switch Plans

Slide 18: Get More Information

• PERA Customer Service: 800-759-7372
• Empower: 833-426-7372
• DC team: 303-398-7665
• New Members with the Option to Choose Plans
• Webinars

Slide 19: Survey

• Survey Link