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Application for Lump-Sum Service Pension - Minnesota
Application for Lump-Sum Service Pension is a legal document that was released by the Minnesota Public Employees Retirement Association - a government authority operating within Minnesota.
FAQ
Q: What is the Lump-Sum Service Pension?A: The Lump-Sum Service Pension is a retirement benefit provided by the state of Minnesota.
Q: Who is eligible for the Lump-Sum Service Pension?A: To be eligible for the Lump-Sum Service Pension, you must have been an employee of the state of Minnesota and have completed at least 5 years of service.
Q: How do I apply for the Lump-Sum Service Pension?A: To apply for the Lump-Sum Service Pension, you need to complete the application form provided by the Minnesota State Retirement System (MSRS) and submit it to the MSRS.
Q: What documents do I need to submit with my application?A: You will need to submit proof of your employment and service with the state of Minnesota, such as pay stubs or personnel records.
Q: When should I apply for the Lump-Sum Service Pension?A: It is recommended to apply for the Lump-Sum Service Pension at least 90 days before your intended retirement date.
Q: How much is the Lump-Sum Service Pension?A: The amount of the Lump-Sum Service Pension varies depending on your years of service and average salary.
Q: Can I receive a partial Lump-Sum Service Pension?A: No, the Lump-Sum Service Pension is paid out as a one-time lump sum.
Q: Is the Lump-Sum Service Pension taxable?A: Yes, the Lump-Sum Service Pension is subject to federal income tax.
Form Details:
- Released on August 5, 2021;
- The latest edition currently provided by the Minnesota Public Employees Retirement Association;
- Ready to use and print;
- Easy to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a fillable version of the form by clicking the link below or browse more documents and templates provided by the Minnesota Public Employees Retirement Association.
Download Application for Lump-Sum Service Pension - Minnesota
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