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This memorandum outlines the Early Retirement Incentive Program (ERIP) for eligible employees of YSU who are members of OPERS, detailing eligibility, procedures for participation, and the necessary

How to fill out employee intent to participate

How to fill out Employee Intent to Participate and OPERS Authorization to Release Information

1. Begin with the Employee Intent to Participate form.
2. Fill out the employee's name and identification number at the top of the form.
3. Indicate the reason for participation in the wellness program by selecting the appropriate box.
4. Provide the employee's signature and date at the bottom of the form.
5. Next, move to the OPERS Authorization to Release Information form.
6. Fill in the employee's name and identification number at the top of this form as well.
7. Clearly indicate which specific information the employee authorizes to be released.
8. Have the employee sign the form and include the date.
9. Ensure that both forms are submitted to the appropriate department.

Who needs Employee Intent to Participate and OPERS Authorization to Release Information?

1. Employees who wish to participate in the wellness program or related benefits need to complete the Employee Intent to Participate.
2. Additionally, employees must fill out the OPERS Authorization to Release Information if their participation requires sharing personal information with OPERS.

People Also Ask about

Is opers mandatory in Ohio?

Membership in the Ohio Public Employees Retirement System (OPERS) is required for all classified and unclassified staff members who are appointed to work less than 75 percent Full-time Equivalency.

Does Ohio tax OPERS pension?

If two-thirds of your monthly OPERS Ohio benefit is greater than one-half of your spousal Social Security benefit, your spousal benefit is offset. You will pay federal and state income tax on your retirement benefit. You may also owe a school district income tax depending on where you live.

How do you write an authorization to release information?

Begin by specifying your name, the entity authorized to disclose information, and the individuals or entities you authorize to receive it. Indicate the specific information and purpose for which it will be disclosed, add an expiration date or event, and sign and date the form to confirm your consent.

What is the mandatory retirement age in Ohio?

In Ohio, the retirement age follows federal guidelines, typically ranging from 65 to 67 based on the year of birth for non-government employees. Teachers and state workers may have different retirement age requirements due to their specific pension plans.

Does Ohio State University pay into OPERS?

Earnings from your Ohio State employment are not covered under Social Security. Instead, you contribute to a mandatory retirement plan. Your retirement contributions will be sent to the OPERS defined benefit plan until an election is made.

Is OPERS only for Ohio?

All employees who are paid in whole or in part by the state of Ohio, a county, municipality, or any other political subdivision of state or local government in Ohio must become members of OPERS unless they are covered by another state retirement system in Ohio or by the Cincinnati Retirement System.

For pdfFiller’s FAQs

What is Employee Intent to Participate and OPERS Authorization to Release Information?

Employee Intent to Participate is a form that indicates an employee's intention to enroll in the OPERS (Ohio Public Employees Retirement System) retirement plan. OPERS Authorization to Release Information allows OPERS to access necessary personal information from the employer to process the employee's participation.

Who is required to file Employee Intent to Participate and OPERS Authorization to Release Information?

Employees who wish to enroll in the OPERS retirement system are required to file these forms. This typically includes newly hired employees or those who are changing their retirement plan participation.

How to fill out Employee Intent to Participate and OPERS Authorization to Release Information?

To fill out these forms, employees should provide accurate personal information, including their name, social security number, and employment details. They must sign and date the forms, and their employer may need to verify the information provided.

What is the purpose of Employee Intent to Participate and OPERS Authorization to Release Information?

The purpose is to formalize an employee's intent to participate in the OPERS retirement system and to authorize OPERS to obtain necessary information from the employer to facilitate the enrollment process.

What information must be reported on Employee Intent to Participate and OPERS Authorization to Release Information?

The forms require personal details such as the employee's full name, social security number, date of birth, employment start date, and employer information. Additionally, the authorization form must include the employee's consent for OPERS to access relevant information.