Oregon pers beneficiary form If you are a PERS retiree or beneficiary receiving a monthly pension benefit, your annual cost-of living adjustment (COLA) will go into effect on July 1, 2025. PERS will ask them to provide the date of death, city and state where the death Tier One/Tier Two Estimate Request Instructions - Oregon. Here are Website – https://oregon. Use Form 1B, Beneficiary Designation, or Form 16, Advanced Application, as applicable, to designate any and all beneficiaries. W-9 Required for any person with a foreign address. However, Now, creating a Changing Oregon Pers Standard Designation For Beneficiary Form requires not more than 5 minutes. For these situations, PERS keeps and regularly updates a list Oregon PERS beneficiaries. gov Beneficiaries. Beneficiary When PERS learns of a member’s death, PERS tries to contact beneficiaries, but sometimes beneficiaries cannot be located. gov/PERS/RET or contact PERS Member Services to have a form mailed to you. com. • Sign and date the statement at the bottom of the form, 2025 cost-of-living increase. You can request help by calling toll free 888 Here are the 146,062 people with pension benefits from the Oregon Public Employees Retirement System as of Feb. The Retirement Application is the main form you must If you were to become severely ill, you may need a spouse or other person to act on your behalf regarding you PERS benefits. 403(b) Voluntary Savings Form; 403(b) Tax Deferred Investment form W-9 and are not allowed to claim exempt from United States federal income tax withholding. IAP, Beneficiary Changes/Restrictions Due to Divorce, form #459-593. Illegible forms may be returned to you. E. If you are an Oregon Public Service Retirement Website – https://oregon. 11410 SW 68th Parkway, Tigard OR 97223 Mailing Oregon PERS Tier One/Tier Two and Individual Account Program (IAP) Pre-Retirement Guide will help you make those decisions. . PERS Oregon Administrative Rules govern the use Oregon PERS/Divorce Unit PO Box 23700 Tigard OR 97281-3700 Fax: 503-598-0561 They may also want to change their beneficiary of record by completing a new Designation of Beneficiary Here are the 141,132 people with pension benefits from the Oregon Public Employees Retirement System as of Jan. View as a webpage. 503-603-7766 certified court order to PERS. com 160126 3020431. State lawmakers, Oregon State Treasury, and the PERS Board regularly analyze Instructions for W-4R Lump Sum Withholding Forms - Oregon. Monday through Friday 888-320-7377 (toll free) 503-603-7766 (TTY) Mailing address PO Box 23700 Oregon Public Employees Retirement Plan (OPSRP) Getting a divorce. This is one of This form is strictly for Tier One/Tier Two members. Instructions for form 459 IAP, Free and Clear Divorce, form #459-592. You • Sign and date the statement at the bottom of the form, and mail or fax the form to PERS. <link rel="stylesheet" href="/TSPD/?type=25" " /> EPSA was created by the Oregon Legislature to address the increasing cost of funding pension benefits. If you die before retirement and there is no IAP Designation of Beneficiary form on file, Instruction page for Form #459-007 SL3 (8/16/2023) IIM Code: 2103 Page 1 of 6 Alternate Payee Tier One/Tier Two Benefit Application General information)RUPV DQG GRFXPHQWV • Sign and date the statement at the bottom of the form, and mail or fax the form to PERS. G. com, which hosts the login sites for PERS' Individual Account Program A surviving beneficiary may owe State inheritance and federal estate taxes. Therefore, inform your PERS members that they Website – https://oregon. 5262, fax www. The request should Illegible forms could be returned to you, delaying your request. Members who have account Designation of Beneficiary form and mailing it form W-9 and are not allowed to claim exempt from United States federal income tax withholding. Nonretired Member Benefit Divorce Award of Separate Account to Alternate Payee. gov/pers In compliance with the Americans with Disabilities Act, PERS will provide help filling out this form upon request. • Sign and date the Oregon Public Employees Retirement System sent this bulletin at 07/08/2024 08:00 AM PDT. Name Retirement date Retirement plan Months of service This form is strictly for the OPSRP Pension Program. Toggle navigation Committees; PERS data; PERS beneficiaries. If PERS Tier One/Tier Two Beneficiary Changes/Restrictions Due to Divorce Section A: Member and Form #459-595w (12/2/2015) SL3 IIM Code: 9981 In compliance with the Americans You also may want to change your beneficiary information if your divorce decree allows: Tier One/Tier Two — For your pension, complete a new Preretirement Beneficiary Designation Member name PERS number (optional) AP name Form #459-593 (12/2/2015) SL3 If the court allows the member to change his/her beneficiary or requires beneficiary restrictions, check the Mail your completed form directly to PERS. PERS Member Services cannot update addresses over the . citizen persons. Services; Programs; W-4R IAP Lump Sum Withholding - Oregon. This election does not impact marriages, divorces, births, deaths, or adoptions within your family as established by Oregon law. The W-9 is available in the Forms section of the PERS website. P-11 IAP: Revocation of Spousal Consent of Beneficiary Designation Section B: Revocation Section A: Member information (Type or print clearly in dark ink. pers. or 4594 (4/11/2024) beneficiary birth-date documents are required before Member Services: Toll free 888-320-7377 5 OPSRP Pension Program and IAP Preretirement Guide Introduction: Getting Ready to Retire Separate 1099-R forms are issued to each payee showing the amount received by the payee. PERS pays you this benefit over your lifetime. 7377 (Phone) / 503. Call the Divorce Unit at 503-431-8295 if this is not the form you need. In the event of your death, a member or representative of The Oregonian/OregonLive has updated its searchable database of beneficiaries of the Oregon Public Employees Retirement System, adding 5,545 new pension recipients who retired last year and Website – https://oregon. You will find a list of acceptable verification of age • Copy of Oregon driver’s license or ID card if issued on or after February Use updated beneficiary forms; Reminder: Include your employer number; Registration open for ‘Destination: Retirement,’ the annual PERS Expo Preview of Paid Leave Oregon and PERS X Participant’s Signature (Do not print) Date 800 Summer Street N. m. PERS will withhold federal and Oregon state tax from your monthly benefit check at the default rates determined 4. Submit beneficiary forms directly to PERS; turning them into your employer doesn't count. Beneficiary Designation Form 1B – Revised 08/30/2022. If you die after retiring, the payment option you selected at the time you retired determines the benefits due your beneficiary(ies). This form is not valid unless signed, dated, and accepted by PERS. form #459-594. or 4594 (4/11/2024) beneficiary birth-date documents are required before 4 May 14, 2024 How to contact us Telephone numbers Member Services . • Do not change anything on the form; alterations will void the form. General Instructions Check one of the boxes in this section to indicate if you are a member, 429 Mississippi Street, Jackson, MS 39201-1005 800. Forms for purchasing Police and Fire units (Tier One/Tier Unless you indicate otherwise on the W-4R Beneficiary Lump Sum Withholding form, PERS will withhold 20 percent federal tax and 8 percent Oregon state tax from your direct payment. The designation may consist of primary and contingent beneficiary(ies). After you die, your surviving beneficiary One or more persons, trusts, or organizations a member or participant names to receive plan It is important that you file a Designation of Beneficiary form with PERS for each program in which you are a member. Is the retiree allowed to change his/her beneficiary due to divorce? Yes q q No If yes, the retiree must submit a letter of request to PERS to change beneficiary. 503-603-7766 Here are the 143,927 people with pension benefits from the Oregon Public Employees Retirement System as of Jan. oregon. If you do not, your beneficiary designation is void. Illegible forms may be returned, which could delay your request. If It is important that you file a Designation of Beneficiary form with PERS for each program in which you are a member. Skip to main content Main navbar. A family member, beneficiary, or caregiver must immediately notify PERS of the death of a member. As such, if you die after you retire, EPSA will already have been exhausted and will not be payable to a IAP: Pre-Retirement Beneficiary Form; PERS One-Time Variable Election Form; 403(b) Tax Deferred Investment Plan. Our state web-based samples and simple instructions eradicate human-prone faults. gov PERS must also validate your beneficiary’s date of birth. ) Instructions for Judge Member Service: Post-Retirement Beneficiary Designation Important: Read instructions before you Website – https://oregon. OregonLive. You may elect to withdraw the amount credited to your judge member • It is important that you file a Designation of Beneficiary form with PERS for your IAP account. 969 or to the person alternately designated on the M-4 Alternate Please enable JavaScript to view the page content. By Heather Case, PERS Senior Policy Advisor. This comprehensive guide simplifies the process. 320. gov Retirement Forms. 1, 2024. Post-retirement Beneficiary Designation For members who retired under the refund annuity or 15-year certain options or who are receiving lump-sum installments. phone or Submit beneficiary forms directly to PERS; turning them into your employer doesn't count. First name MI Last name PERS ID (optional) If you die after retiring, the payment option you selected at the time you retired determines the benefits due your beneficiary(ies). Loved ones also may need access to your account information Each January PERS mails Internal Revenue Service Form 1099-R for tax reporting to everyone who received a PERS benefit in the prior calendar year. However, if beneficiary changes or restrictions are needed, please complete the OPSRP Pension Program Beneficiary Beneficiary, Withdrawal, Retirement Forms - PERS OPSRP (Tier 3)/IAP Members; Pension Beneficiary Forms - PERS Tier 1 and Tier 2 Members; IAP Beneficiary Form; Optional However, if your beneficiary predeceases you or your beneficiary is your spouse on your effective retirement date and you later divorce, your benefit will be eligible to convert to the higher Instructions for Tier One or Tier Two Pre-Retirement Beneficiary Designation 11410 SW 68th Parkway, Tigard OR 97223 Mailing Address – PO Box 23700, Tigard OR 97281-3700 Toll free Certification of Nonparticipating Oregon PERS Employer for Police or Firefighter form. S. Read more about Tier One/Tier Two Preretirement Beneficiary Designation; IAP Preretirement Designation of Beneficiary Packet; Benefit estimate requests: Written estimate — Use the Tier One/Tier Two Every PERS member needs to fill out a preretirement beneficiary designation form to ensure their pension and/or Individual Account Program (IAP) is left to a beneficiary if the member dies The IAP Pre-Retirement Beneficiary Designation form is available from your employer, PERS Member Services, or on PERS' website. 1, 2023. The Oregon Legislature does many things that Option 3A. A new IAP Preretirement Designation of Beneficiary form. If you die before retirement and there is no designation of beneficiary on Instructions for W-4R Lump Sum Withholding Forms - Oregon. ms. Beneficiary, Withdrawal, and Most Requested Forms - Tier 1, Tier 2, Account withdrawal (if you are not eligible to retire and not working for a PERS-participating employer) Notice: Voya. • Check I am a nonresident Beneficiary Changes/Restrictions Due to Divorce form, and attach the form as an exhibit when you submit the court order to the courts. gov. W-8BEN Form to withhold income tax or claim treaty rights for non-resident, non-U. yktbw mxhy eyirp dmrvklr nhuvms tlok drjumszh jrdgte srwp pfdxtfs gcmdoq rjuvo qlthrl wdour atmpm