Employee Benefits

Retirement

Considering retirement? Please refer to this checklist:

• All employees retiring with PERSI must attend a District retirement conference (exit interview).
  • Schedule your exit interview - 854-4074 ext. 0
• If you are taking advantage of the ERIP program, your ERIP application, letter of retirement, and continuation of benefits form MUST be completed and submitted by March 21. The State ERIP form, available in March from the State Department of Education, must be completed and submitted directly to the State Department by April 1.
• Regular retirement conferences for employees not eligible for ERIP are scheduled after April 1. A pre-retirement conference is not required, but may be scheduled if you so desire.
• Before your retirement conference:
  • Review PERSI Member Handbook and contact PERSI for an estimate of your retirement income.
  • Contact the Social Security Administration for an estimate of your benefit at your social security retirement age.
• You will need to bring the following to your retirement conference:
  • Your letter of retirement.
  • The names of any beneficiaries you wish to list if you select life insurance coverage.

• Retiree Re-employment: New legislation effective July 1, 2007 permits school districts to employ certain certificated school teachers and administrators who are receiving PERSI benefits. These retirees also have to complete the PERSI form RS132A.
• Through the Sick Leave Entitlement Program, unused sick leave may be converted to funds to pay group insurance premiums during retirement. PERSI administers this program and pays the group insurance carriers directly.
• PERSI Retirement Workshop: PERSI offers an enhanced, 7 -hour workshop (Retirement's a Beach), which is intended to help those within five (5) to ten (10) years of retirement from a PERSI employer.
  Workshop Schedule

Visit our Financial Benefits page for additional information about PERSI and TSAs.

Employee Benefits
8169 W. Victory Rd. Boise, Idaho 83709 Office hours: 8:00 - 4:30 Phone ~ (208) 854-4074 Fax ~ (208) 854-4010
Email:
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