Taxes on Your Retirement Benefits - PSERs

<strong>Taxes</strong> on Your Benefit
This pamphlet provides a general
description of the taxation methods
in effect at the time of publishing this
pamphlet. If you retired before
November 19, 1996, other methods of
federal taxation may apply.
PSERS suggests you obtain Internal
Revenue Service (IRS) Publication 575,
Pension and Annuity Income (including
Simplified General Rule) or Publication
939, General Rule for Pensions and
Annuities for tax regulations specific to
your date of retirement.
IRS publications are available from
the IRS by calling 1-800-829-3676
or by accessing the IRS website at
www.irs.gov.
You may want to consider consulting a
tax professional, such as an accountant,
before you complete your PSERS Application
for Retirement (PSRS-8) or
PSERS Refund Application (PSRS-59,
1244, or 1246). For information
regarding the specific taxation of your
pension benefits, please consult a tax
professional or the IRS. PSERS cannot
provide individual tax advice.
PSERS is considered a qualified trust under
Section 401(a) of the Internal Revenue Code
and is a defined benefit plan.
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