PPeensnsiion Bon Beeneneffiittss  You may be receiving disability insurance payments from your employer.  Your disability benefit calculation will only use the service credit accrued prior to your onset date. NOTE: To qualify for a disability retirement from PERF, you must have an employment relationship with your PERF employer in a PERF Hybrid covered position as of the onset date of the Social Security disability. You must show proof that you qualify for a Social Security disability. You can apply for disability retirement while waiting to receive an award letter from the Social Security Administration. In such a situation you must provide a copy of the application you sent to Social Security when completing the online retirement application for disability. The Social Security Administration will decide on an onset date for your disability. To qualify for a disability retirement, your onset date must be during the time you worked in a PERF Hybrid covered position, were on FMLA leave, or were getting disability insurance payments from your employer. You can also qualify if on that date you were on workers’ compensation. Disability Benefits At least once a year prior to you reaching age 65 or becoming eligible for an unreduced normal PERF Hybrid retirement based on age and total service, INPRS is required to confirm that you continue to remain eligible for Social Security disability benefits. Disability retirement benefit options and calculations for the monthly pension benefit (DB) and the DC (including rolled over funds) are the same as those for any other retiree with the exceptions that: 1. You cannot choose the Social Security Integration option, 2. Generally, you will only get service credit for your work up to the onset date of your disability, 3. Your monthly pension benefit will not be reduced for early retirement, and 4. You will not be paid any less than $180 each month with the 5-year certain and life benefit or the actuarial equivalent with any other benefit election. No creditable service will be granted during the period for which PERF disability benefits are paid. As a member who is a state employee you are entitled to service credit for the time you receive short or long- term disability benefits under a State-of-Indiana-sponsored disability plan. Switching From Disability Retirement to Regular Retirement If you are receiving a disability retirement it will automatically be converted to regular retirement pension benefit upon reaching age and service eligibility. Unless otherwise prohibited by law, service credit earned or awarded during the time you were receiving PERF disability benefits will be used in the calculation of the pension benefit. Disability Alternatives If you have 5 years of creditable service, are not eligible for early retirement, and have a copy of your request to Social Security for disability determination on file with INPRS, you may request a lump sum withdrawal of your DC account. To withdraw your DC funds, you can access your online account. If you need further assistance, see section 1.7 for contacting INPRS. Public Employees’ Retirement Fund Hybrid Plan Page 34 of 48 Member Handbook Effective: 07/01/2024