PERAC Memo #26 - 2015: 2015 Disability Retiree Data

2015 Disability Retiree Data

Summary

PERAC Memo #26/2015 asks retirement boards to review and update PERAC's disability retiree database, reporting any 2015 status changes (death, nursing home confinement, waived allowance, return to active status, or address changes) and noting which retirees are exempt from filing the Annual Statement of Earned Income (91A) under Chapter 176 of the Acts of 2011. Boards must also complete the "New Member Data" form for all new accidental or ordinary disability retirees approved in 2015, or for any members missing from the provided list. All updates and forms are due to PERAC by January 13, 2016, to ensure accuracy before the 2015 91A statements are mailed in February.

Full Text

PERAC Memo # 26 / 2015

M E M O R A N D U M TO: All Retirement Boards FROM: Joseph E. Connarton, Executive Director RE: 2015 Disability Retiree Data

DATE: December 11, 2015

In order to make an accurate determination on the statutory limit of your member’s post retirement earnings, as a disabled public retiree, we need to maintain an accurate and current disability retiree database. We respectfully request that you review the attached list and make all necessary status changes that occurred in the year 2015. These changes should be made when a member is deceased, confined to a nursing home, has waived his/her allowance, has returned to active status, and/or has had a change of address. The attached document shows what information is required.

Please note, due to Chapter 176 of the Acts of 2011, pension reform, certain disability retirees no longer need to file the Annual Statement of Earned Income. As a result you will notice your report has been adjusted to reflect who must still comply and who has been approved for a waiver. Additionally, you will notice there are some of your members who did not respond to the Affidavit Waiver. If no response is received by PERAC, a 2015 Annual Statement of Earned Income must be filed by that member.

Also, please fill out the enclosed “New Member Data” form in its entirety for all new retirees approved by your board for an accidental or ordinary disability in 2015. If any member is missing from the enclosed list, please include their information on the New Member Data form.
You should make additional copies of the blank form if needed. It is imperative that all information be returned to PERAC no later than January 13, 2016, to ensure accuracy in our member database, prior to our mailing of the 2015 Annual Statements of Earned Income (91A) which traditionally takes place in February.

Thank you for your continued cooperation in this matter.

Enclosures