Public Employees Retirement Fund (PERF)
For eligible Support Staff, Public Employees Retirement Fund (PERF) is a mandatory retirement savings program, managed by the Indiana Public Retirement System (INPRS).
Hybrid Plan - The school district participates in the hybrid plan, and funds the pension system. The 3% mandatory contribution into the annuity is paid by the employee. Employee may also contribute up to 10% additional in post-tax contributions. Employee is immediately vested in the annuity, and is vested in the pension plan after 10 years of TRF covered service. (See flier below for details.)
PERFHybridGlance.pdf
PERF Hybrid Plan
PERF Hybrid Plan