What is the ERS?

The ERS is the Commission’s primary retirement system for its employees. The ERS was established July 1, 1972, and has been periodically amended. It is a defined benefit plan, qualified in accordance with the IRS Code, Section 401(a). The ERS consists of five Plans: A, B, C, D; and E. Plans A, B and E are for general employees and Plans C and D are for park police. 

Show All Answers

1. What is the ERS?
2. Are employee contributions required?
3. What does a defined benefit retirement plan mean?
4. Does the Commission make a contribution?
5. How does being IRS qualified affect you as a member?
6. Who oversees the ERS?
7. Where is the money; is it protected?
8. How much of my pension benefit comes from my contributions?
9. Is there a maximum amount of credited service I can earn?
10. When do I start paying income taxes on my retirement annuity?
11. How does accumulated sick leave affect my benefit?
12. Are loans possible from the plan?
13. What if I don’t leave a surviving spouse or children?
14. When can I expect to receive my first retirement check?
15. How do I apply for retirement benefits?
16. Is there a cost-of-living adjustment to protect against inflation?
17. Is there life insurance when I retire?
18. When is the best time to retire?
19. What deductions are taken from my retirement check?
20. Can I have my benefit check directly deposited into my bank?
21. Is there Disability Retirement?