The Public Employees' Retirement
System (PERS) is a defined benefit pension fund established
in 1955. It is open to most state, county, municipal, authority,
and school board employees and elected officials who are not required
to become members of any other NJ state retirement system (i.e.,
Teachers' Pension and Annuity Fund, Police and Firemen's Retirement
System, State Police Retirement System, Judicial Retirement System,
or Alternate Benefit Program). Membership in the PERS of employees
who meet eligibility requirements is mandatory in most cases.
The PERS is maintained on an actuarial reserve basis. The PERS
Board of Trustees has the responsibility for the proper administration
of the retirement system. All membership and retiree account records
in PERS begin with the number "02", except for legislative
accounts. Legislative accounts begin with "00".
For more information
about the pension and benefits associated with a Public Employees'
Retirement System (PERS) membership, members may consult the PERS
Member Handbook. Members who are in one of the special
PERS groups should also consult the addendum for the special PERS
category to which he/she belongs (see below).
PERS Topics and Tasks
The outline below provides specific
topics or tasks related to the Public Employees' Retirement System
(PERS). Click on the topic of interest to access the information
you require quickly.