Your Annual Benefits Statement is a summary of your IPERS pension account. The statement includes your projected retirement benefit payment based on specific assumptions. It also details the contributions you and your employer made over the last calendar year, plus interest.
Annual Benefits Statements for retired reemployed members
If you are already receiving a monthly retirement benefit and have returned to IPERS-covered employment, your benefit projections will be $0.00. The “Refund Value” section of your statement will show an additional account balance consisting of your reemployment contributions, plus interest. This refund value reflects only your contributions, plus interest. However, reemployed members may be eligible for the following:
- A one-time lump sum refund of all your reemployment contributions and the employer contributions, plus interest, or
- A recalculation of your monthly benefit, or
- A choice between the one-time lump sum or a recalculation of your monthly benefit
To view your contributions online, log in to My Account and click on “Your Transaction Details”.