Taxes on Your Retirement Benefits - PSERs
Taxes on Your Retirement Benefits - PSERs
Taxes on Your Retirement Benefits - PSERs
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Members with a Frozen<br />
Annuity<br />
Definiti<strong>on</strong><br />
A frozen annuity member is <strong>on</strong>e who has<br />
received a m<strong>on</strong>thly retirement benefit<br />
from PSERS and later returns to Pennsylvania<br />
public school employment and<br />
again makes c<strong>on</strong>tributi<strong>on</strong>s to PSERS.<br />
Tax Informati<strong>on</strong> for You<br />
If your benefit is subject to the frozen<br />
annuity provisi<strong>on</strong> of the <strong>Retirement</strong><br />
Code, all of the informati<strong>on</strong> c<strong>on</strong>tained<br />
in this publicati<strong>on</strong> may not apply to you.<br />
If you are a frozen annuity member, we<br />
str<strong>on</strong>gly suggest you c<strong>on</strong>tact your local<br />
PSERS regi<strong>on</strong>al representative for<br />
additi<strong>on</strong>al informati<strong>on</strong>. (Refer to “C<strong>on</strong>tacting<br />
PSERS” <strong>on</strong> page 24.)<br />
M<strong>on</strong>thly <strong>Retirement</strong><br />
Benefit Taxati<strong>on</strong><br />
<strong>Your</strong> PSERS m<strong>on</strong>thly retirement benefit<br />
is subject to federal taxes. Refer to<br />
“Completing Form W-4P” <strong>on</strong> page 20.<br />
Pennsylvania State & Local <str<strong>on</strong>g>Taxes</str<strong>on</strong>g><br />
M<strong>on</strong>thly retirement benefit payments<br />
from PSERS are exempt from Pennsylvania<br />
state and local taxes.<br />
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