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Indiana Public Retirement System

Indiana Public Retirement System (INPRS) > My Fund > Changes may impact future PERF & TRF retirees' benefits > Alert > Information Regarding Annuities Information Regarding Annuities

Remember, your ASA is one part of the two-part PERF or TRF plan. Prior to retirement, you can invest your ASA funds the way you wish. For available options, click here.

At or after retirement, you may choose to annuitize your ASA funds, roll them over to another plan, or take the funds as a lump sum payment. There is no requirement to annuitize ASA funds with INPRS. Half of PERF and TRF retirees do not.

Below is information that may be helpful in understanding annuities and estimating possible monthly annuity amounts. INPRS encourages you to consult a financial advisor before making financial decisions.

What is an annuity?

Indiana Department of Insurance

U.S. Securities & Exchange Commission

How can I estimate the future value of an annuity?

United States Department of Labor: Employee Benefits Security Administration

Note: The information linked above is not created or maintained by INPRS. Following the links will take you to websites not controlled by INPRS.    
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INPRS assumes no liability for any decision made or action taken in reliance upon information obtained from the websites referenced above or any other Internet site linked to it in any way.  INPRS does not assume any responsibility or risk for your use of the websites.  Furthermore, the websites are provided on an "as is" and "as available" basis. To the fullest extent permissible by applicable law, and except as provided below, INPRS expressly disclaims all warranties, representations, or endorsements whatsoever in connection with the websites, services and products contained therein, or other websites accessed by "hyperlink," whether express or implied, (including without limitation, implied warranties of merchantability, fitness for a particular purpose, or noninfringement). INPRS does not review, operate, or control any material, information, products, or services provided by the websites.

Without limiting the foregoing, INPRS makes no representation or warranty of any kind, express or implied: (i) as to the operation of the websites or the information, content, or materials included thereon; (ii) that the website will be uninterrupted or error-free; (iii) as to the accuracy, reliability, or currency of any information, content, service, or merchandise provided through the websites; or (iv) that the websites are free of viruses or other harmful components.
In no event will INPRS be liable to any party for any direct, indirect, special, or other consequential damages for any use of this website, or on any other hyperlinked website.

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