Benefits » Retirement

Retirement

INDIANA PUBLIC RETIREMENT SYSTEM

INPRS - Effective July 1, 2011, in accordance with Indiana law, the Indiana Public Retirement System (INPRS) is established. INPRS will administer and manage TRF, PERF, as well as other public employee funds. Each of the funds remained separate and are administered by the nine-member board of trustees of INPRS. INPRS Website: http://www.in.gov/inprs/

TRF - The Teachers Retirement Fund was created by the Indiana General Assembly in 1921. Since its establishment, the laws governing the administration of TRF have changed and expanded to respond to the needs of its members. TRF AT A GLANCE - (click here)
PERF - The Public Employees' Retirement Fund was created on July 1, 1945, to provide secure, long-term pension benefits for Hoosiers who choose careers in public service. PERF AT A GLANCE - (click here)
RETIREMENT BENEFITS WORKSHOP
All Meetings are held:
Porter County Public Library (Valparaiso)
Meeting Rooms A&B
1:00 - 3:30 pm Public Employees Retirement Fund Members
5:00 - 7:30 pm Teachers Retirement Fund Members

Click on this link for more information and to register: http://www.in.gov/inprs/workshops.htm

INPRS ONLINE WORKSHOPS
Click on the links below to view INPRS seminars right from your computer!
 
 
RETIREMENT INSTRUCTIONS

Submitting a retirement letter:

VCS Educators:
The contractual date to submit a retirement letter is March 1. We no longer have a rescinding window.
You should submit your retirement letter to the HR Department.

Submitting an application for retirement with INPRS:
 
Retirement Date Application Deadline
February 1 November 1
March 1 December 1
April 1 January 1
May 1 February 1 
 
Your benefit accrual date is generally your last day at work. You will receive a prorated payment for that month. Your retirement date is the first of the month following your benefit accrual date or any future month requested in writing by the member.
For example, if your last day of work is May 15, your retirement date would be June 1. Benefits are paid 30 days.