Your retirement plan benefits will replace part of your income when you retire. It is a good idea to know which plan coverage you have to know how much to expect, when payments begin, how to make changes such as beneficiary, or home address, and others.
A qualified attorney experienced in PERA Retirement in St. Paul is an excellent resource to help answer your questions and assist with understanding. Your plan comes with an online members’ handbook, hard copy, or both.
For many employees, the information is so complex that knowing what steps to take first might not be obvious. Your employer may offer online webinars to help you understand your benefits in a general way, but an attorney can narrow down plan benefits to how they specifically affect you.
You can pose questions to an attorney specializing in PERA Retirement in St. Paul. The following questions are some you might consider.
• What if I move out of state?
• What is service credit for military leave?
• What if I go back to work after retirement?
• Which types of work (temporary/permanent employment) can affect my retirement benefits?
Your PERA Retirement representative can answer these questions, but you might not want to share some things in an employment setting. When speaking with an attorney, your information is confidential.
Discussing your retirement benefits with a skilled, licensed attorney gives you the privacy and advice that you need for your specific situation. People live longer and are more active after retirement. It’s a great idea to discuss your plans with a professional you can trust.
The answers to your questions can help you decide if the timing is right for your retirement or if you should work a bit longer. Do your research and speak with an attorney so you can enjoy your retirement without surprises.