- A member may request a refund of contributions upon termination of employment providing that the member has contributory service before January 1, 1978 or under the “new” provisions after July 1, 2005.
- Contributory service is forfeited with a refund of contributions. A cashed refund check cancels any future benefit based on contributory service.
- The refundable balance is the member's contributions plus interest. Employer contributions are non-refundable.
- Refund of contributions will be made as soon as possible, but could be delayed up to 90 days following termination, depending on when forms are received and when the final contributions are reported to APERS by the employer.
- Members may elect two (2) methods of distribution of the taxable amount: Rollover of taxable amount to an independent tax deferred account or Deduct the required federal withholding (20%) and receive the remainder
The following forms need to be filled out and returned to APERS in order to recieve a Contributory Contributions refund. Contributory Refund Request Packet (pdf) |