Where can I find my APERS ID?
For retired members, you can find your APERS ID on your Explanation of Benefits Statements (EOB). If you cannot locate your APERS ID on one of these documents, you can call us and we will provide it. Dial (501) 682-7800 in Pulaski County or (800) 682-7377 toll free statewide.
Is APERS a pension plan?
APERS operates what is known as a “defined benefits” pension plan whereas most private retirement plans are “defined contribution” plans. ... A defined contribution plan only specifies what each party – the employer and employee – contributes to an employee's retirement account.
What kind of retirement is APERS?
APERS provides retirement benefits for state employees. The system provides a defined benefit (DB) pension, a retirement plan that typically offers a modest but stable monthly retirement income that lasts the remainder of a retiree's life.
Can I withdraw money from APERS?
Members frequently ask if they can withdraw from, add to, or borrow against their retirement accounts. The answer to all of these is “no.” The only way you can get money from APERS is to retire or to terminate your covered employment.
When can Arkansas state employees retire?
Normal Retirement: Age 65 or more with at least 5 years of service (except for certain General Assembly members who must have at least ten years of service); Any age with 28 years of service; or. Age 60 or more with 20 years of service (contributory members prior to 07/01/2005)
How do I get my APERS ID?
For retired members, you can find your APERS ID on your Explanation of Benefits Statements (EOB). If you cannot locate your APERS ID on one of these documents, you can call us and we will provide it. Dial (501) 682-7800 in Pulaski County or (800) 682-7377 toll free statewide.
What type of retirement is APERS?
APERS provides retirement benefits for state employees. The system provides a defined benefit (DB) pension, a retirement plan that typically offers a modest but stable monthly retirement income that lasts the remainder of a retiree's life.