What is this whole thing about?

At its most basic level, participating in an optional retirement plan means voluntarily setting aside a portion of your paycheck and investing it in order to save for retirement.  These monies that you set aside are NOT taxed right now (leaving you with more to invest), and instead will be taxed when you withdraw them later for retirement.  Participating in the optional retirement program does not affect your regular PERA benefit.  Participating is optional and would be in addition to your required PERA contributions.

While this sounds simple, the various rules and options of participating can be complex.  We hope this site will be of some use in navigating the various issues and decisions you’ll face as you decide to participate!  To get started and learn about what is available to you, check out “Your Retirement Options as an Employee of St. Vrain Valley Schools.”

Category: Frequently Asked Questions


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