NOTICE: Change in the Retirement Resignation Notification Process

Effective August 13, 2021, once a retirement or resignation is acknowledged by the District, the notice will be presented at the next Board meeting, at which time it may not be withdrawn or changed without approval from the District.  If you wish to rescind or change your separation, you must submit a request to your supervisor. Your supervisor will then work with the Office of Talent, whose team will then advise you of the decision in writing.

The Public School Employees’ Retirement System (PSERS) announced an increase in employee contributions, effective July 1, 2021, for members enrolled in their “Shared Risk Plans”. Employees enrolled in a PSERS plan on or after July 1, 2011 are impacted. Members T-E and T-F Plans will have a 0.50% increase in their contribution rates, those in T-G and T-H Plans have a 0.75% increase. For any questions, please contact PSERS toll-free directly at 1-888-773-7748, or use their contact form.

Due to COVID-19, we are limiting walk-in customer service. Please contact retirement@philasd.org to schedule an in person or virtual appointment. Masks are required for all visitors. All employees, contractors and visitors must complete a pre-screening questionnaire daily, prior to entering any District building. The questionnaire can be completed up to three hours prior to your arrival. Information is available at https://www.philasd.org/employeehealth/covid-19-pre-entry-screening-form/

The Retirement Office is offering virtual office hours on Wednesdays, 3:30 pm to 4:00 pm. The Retirement Office will be available to answer any general questions concerning your Public School Employees Retirement System. For specific information on your plan, please contact PSERS directly.

Register in advance for this meeting:
https://philasd-org.zoom.us/meeting/register/tZIsc-murT4qEtab1v6FIykMUGcmdzNlF9B6

 

Welcome to the Office of Retirement

The School District of Philadelphia is a participant of the Public School Employees’ Retirement System (“PSERS”). PSERS is an agency of the Commonwealth of Pennsylvania who administers the pension plan for Pennsylvania’s public school employees.

As a PSERS member, you’ll join with over a half million fellow public school employees who are also members. You’ll contribute to your own personal PSERS retirement account and profit from having a safe, secure, and guaranteed benefit payment(s) from one of the largest public pension plans in the nation. PSERS can be contacted at 888-773-7748.

PSERS’ Pension Plan Changes

You have 90 days from your plan enrollment to move into either of the alternate plans, T-H or Class DC. Enrollment into a new class is irrevocable. If no action is taken, you will remain a lifetime member of classT-G. Visit the ‘New to PSERS’ page here.

If you are new or returning to the SDP, please review this Retirement Pension Plan presentation on how your pension enrollment will work.

Click HERE for more information!

Important Notice about PSERS’ determination regarding service credit for Families First Coronavirus Response Act (FFCRA) Leaves

Because the CARES ACT is additional paid leave and not an earned leave as sick and vacation time are, the Pennsylvania Public School Employees’ Retirement System (PSERS), has determined that this leave is not retirement eligible and will not count for service credit. This may impact your final pension earnings and impact your service credit as it relates to vesting and service credit.  Information on these leaves is published on the Employee Health Services Website.

Pension Counseling Emails

We are sharing this message to remind you that neither the Public School Employees’ Retirement System (PSERS) nor the School District of Philadelphia provide your contact information to third parties. You will not receive unsolicited calls or emails offering retirement counseling or investment advice from us.

Please use caution and do not provide personal information to anyone you may not know.