Retirement Information (TRS/PERS & 403B)

  • Retirement

    State of Alaska Division of Retirement and Benefits:
    Benefit-eligible classified employees participate in the Public Employees' Retirement System (PERS).
    Benefit-eligible certified employees participate in the Teacher Retirement System (TRS).
    For additional information concerning both PERS and TRS plans, please visit the State of Alaska Division of Retirement and Benefits website at: http://doa.alaska.gov/drb/

    To change beneficiary information for your PERS or TRS benefit, visit the State of Alaska's website to access the appropriate form for the Tier you participate in:

    http://doa.alaska.gov/drb/forms/beneficiary-forms.html

    To view investment options and account overview:

    Empower Retirement Login

    Voluntary Employee Savings Plan (PERS Tiers I, II, & III Active Employees Only)


    Tax Sheltered Annuity -- 403(b) Retirement Plan:
    What is a 403(b) Plan?

    A 403(b) plan is a retirement plan for certain employees of public schools, tax-exempt organizations and ministers. Contributions are made under a Salary Reduction Agreement (SRA) with your employer. This agreement allows your employer to withhold money from your paycheck to be contributed directly into a 403(b) account for your benefit. Usually, you do not pay income tax on these contributions until you withdraw them from the account.

    For more detailed information, please consult your financial advisor or visit the IRS website.

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    The FNSB School District is pleased to recognize our 403(b) plan compliance service provider, The OMNI Group.

    OMNI is a leading 403(b) Administrator and will assume the responsibility of ensuring the District, our employee participants and each of our investment providers and their agents, adhere to the many compliance regulations issued by the IRS.
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    The Salary Reduction Agreement Form is available in a PDF format below, however, you may also contact OMNI by visiting their website at www.omni403b.com or by phone at (877)544-6664. Online transactions can be made once a participant has opened an account with a service provider. CLICK HERE for information relating to the Plan Details and approved service provider list for the FNSB School District.

    The OMNI Group also provides assistance with:

    • Hardship Withdrawal
    • Loan
    • Contract Exchange

     

    OMNI GROUP TSA 403b Salary Reduction Agreement Form
    Use this form to begin or make a change to your election for future contribution amounts from your payroll check to a Tax Sheltered Annuity 403(b).

     

     

     

  • Empower Retirement Fund Changes
    Please click here to view an important message from Empower Retirement

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  • OMNI Update - 1st Quarter 2017 Bulletin

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  • 2016 Omni Group 403(b) Universal Availability Notice

     

    2014 OMNI GROUP TSA 403b Salary Reduction Agreement Form
    Use this form to begin or make a change to your election for future contribution amounts from your payroll check to a Tax Sheltered Annuity 403(b). Be sure to set up your account with a vendor prior to submitting this form to payroll.

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  • FALL RETIREMENT WEBINARS

    The Retirement Process
     
    Webinars are available for those who are interested in learning about retirement eligibility, the retirement process, pension options, forms, timing of benefits, and enrollment in the State of Alaska Retiree Health Insurance Plan. Must be physically present at the location; no need to sign up.

    TRS Tier III and PERS Tier IV
     Thursday, September 14, 2017
     4:30 p.m. to 6:30 p.m.

    Location:
    520 Fifth Ave FairbanksTechnology Learning Center, Room #236, 2nd floor 

    This webinar is for members under the defined contribution retirement system.

    PERS Tiers I, II & III
    Tuesday September 19, 2017
     4:30 p.m. to 7:00 p.m.

    Location:
    520 Fifth Ave Fairbanks, Technology Learning Center, Room #236, 2nd floor

    This webinar is for PERS members under the defined benefits retirement system.

    TRS Tiers I & II
     Thursday, September 21, 2017
     4:30 p.m. to 7:00 p.m.

    Location:
    520 Fifth Ave Fairbanks, Technology Learning Center, Room #236, 2nd floor

    This webinar is for TRS members under the defined benefits retirement system.



     

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