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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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