Welcome, according to our records '); 0000014896 00000 n You may borrow up to 50 percent of your posted pension contributions, up to a maximum of $50,000. 0000001103 00000 n var msgWindow = window.open("","msgWindow", styleStr); If the last day of the month falls on either Saturday or Sunday the benefit payments will be released on the Friday prior to the weekend. %%EOF Election ballots will be mailed to PERS-Municipal employers for distribution on or about June 2, 2023. Five (5) Trustees appointed by the Governor. If you are not satisfied with the loan amount or the repayment schedule after your loan is disbursed, you can request a repayment figure for the loan balance, plus any accrued interest prior to the end of the regular repayment schedule. Only active PERS-Municipal members may nominate a candidate for the PERS Municipal position. Group Life Insurance Conversion Calculator. var searchString = replace(self.location.search.substring(1),"+"," "); document.forms[to_form].affiliation_code.value = document.forms[from_form].affiliation_code.value; The delegates and alternates selected from the membership of each county shall vote for the member-trustee. If you have an outstanding pension loan balance and plan to take another loan, you must repay the combined balance of the original loan and all subsequent loans within five years of the issuance date of the first loan. '!F&-(6R\B9\Z.W(d&7x<1\q)&\ COVID-19 is still active. You will then be connected to a Client Services phone representative for assistance. Passcode: H7eVd2, Or call in (audio only) All pension loans are disbursed by Electronic Funds Transfer (EFT), also known as Direct Deposit. Direct deposit available New Jersey Online Filing Use the free New Jersey Online Filing Service to file . View monthly and annual reports setting forth data such as assets and liabilities, income and disbursements, and statistical summarization of membership as documented by the Actuary. However, if you are vested in your prior, inactive PERS account, you may be able to transfer your old account to your new one. } z@,~% $n3012] _^ document.forms[to_form].write_file.value = document.forms[from_form].write_file.value; endstream endobj 48 0 obj <> endobj 49 0 obj <>stream if (document.forms[from_form].allow_anonymous) { 2023 MCRS Pension Payment Schedule | Middlesex County Retirement System 2023 MCRS Pension Payment Schedule Direct Deposit of your monthly benefit occurs on the final business day of the month. Fact Sheets. If you have additional questions, call DCF customer service at 844-830-6178. Please navigate to your plan below to find the meeting dates and agendas. Evi3T!p?>c s[pi0L zhbJ|M t,8L)bl8( 6sWP}45Oycoch!oN(4By^=nBBT:"=TQSoz[=l3q2YKmi=[jyz3,U&=?_Qad7tg@@EPB{X It is your responsibility to add a dependent to your health plan coverage within 60 days of the qualifying event. Call NJPIES Call Center for medical information related to COVID. Direct Deposit of the monthly benefit occurs on the last business day of the month. Nominations must be received online or arrive in the Board Office on or before 4:00 p.m. Monday, May 15, 2023. ANSWER: Yes. It is your responsibility to add a dependent to your health plan coverage. This can be with the same employer or a new one. Every time a member borrows against their available loan balance, the entire outstanding balance is re-certified for the current year's interest rate. document.forms[to_form].allow_anonymous.value = document.forms[from_form].allow_anonymous.value; For example, if you make a request for a loan on December 27, 2019, and the check is dated January 8, 2020, the loan is considered your first for the year 2020. The interest on a pension loan borrowed in 2023 has been set at 10 percent per year. HlSMs6W0 >VrDTAtHHowIQ =| &bSh)T8+p{AvKerH,@)K& *w011R"2Bq%=mx=] .X]]!X01.pQ~?4]C[TveSCs7L@C}fq|j?1l5h am"c [_M}R+ZrFUs5lp8HSYBDFP54Rz /* var today = new Date(); document.write('