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You are eligible to participate in IPERS if you hold a regular full time or part time appointment and work 1,040 hours or more in a calendar year, or if you are a temporary employee who earns $1,000 a quarter in two consecutive quarters.
IPERS is a defined benefit retirement plan. IPERS guarantees a lifetime monthly benefit payment, which is calculated using a formula based on years of service and salary. Your payment is not tied to the performance of the stock market. IPERS does all the investing and takes on all the risk. Learn more on the IPERS website.
Contribution Rates — Percentage of Your Pretax Pay
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Your Share |
UNI's Share |
Total |
| Contributions |
5.38% |
8.07% |
13.45% |
IPERS' Online Resources to Help You
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