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Retirement - Classified Employees

PERA - Public Employee's Retirement Association

(Mandatory Retirement Plan)

State employees do not contribute to Social Security; therefore, State employees of higher education will be members of PERA's (Public Employees Retirement Associate) defined benefit plan.  Established by state law to provide its members with a qualified retirement plan that is a substitute for Social Security. All classified employees and non-benefits eligible faculty and administrators (i.e., those who work less than half-time) are required to contribute 8 percent of their monthly salary to their member contribution account.  The current employer contribution is 10.15%.

PERA Forms and Brochures

Your PERA Benefits

Information for New Members

PERA Law

PERA Rules

PERA and Social Security

PERA Contact Information

Customer Service 1.800.759.7372

www.copera.org

Voluntary Supplemental Retirement Plans

Most employees know that it is a good idea to take time to plan, save and invest for a financially secure future.  The Voluntary Supplemental Retirement Plans allow you the opportunity to build an investment program and expand the opportunities available to you upon retirement.

Plans available to Classified Employees include:

PERA 401(k) Plan:

Available to any PERA member. Information and enrollment packets are available in the Human Resources office or from PERA.

Contact Information:         1.800.759.7372

www.copera.org

 

PERA 457 Plan:

This program is administered by Great West Retirement Services and offers pre-tax mutual fund and investments.

Contact Information:       1- 800-759-7372

www.copera.org

 

403(b) Plan:

Following is a list of our Trustee approved vendors for our tax-deferred annuity (TDA).

Fidelity Investments

1.800.343.0860

www.fidelity.com/atwork

MetLife Resources

Chuck Bodie    970.241.0225

cbodie@metlife.com

Security Benefits

Chris Doyle   970.343.4425                         Cooper Peters     303-322-9320

acdoyle@unitedplanner.com                        cooper.peters@raymondjames.com

TIAA-CREF

1.800.927.3059

www.tiaa-cref.org

VALIC

Pat Griggs  970.245.8381                           Scott Martin  800-892-5558  ext. 8857

patrick.griggs@valic..com                            scott.martin@valic.com