For members of the PERF-and-TRF Hybrid plans, your DB can be a valuable benefit you can earn while you work for your retirement strategy and can provide that extra boost you need to achieve your dream retirement.

Also referred to as your pension, your DB is a benefit you may earn from an employer. For public employees whose employer offers the Hybrid plan, you have a major advantage when it comes to retirement planning and saving.

PERF-and-TRF Hybrid plan members are required to work 10 years of qualified service before earning vested status, which provides for a future guaranteed lifetime benefit. And while there might be many uncertainties leading up to – and even during retirement – your INPRS DB can help set your mind to ease as you approach retirement eligibility. Plus, if you qualify, you can begin receiving your benefits before retiring.

Our Indiana-based team works to ensure your earned benefits are ready for you when you retire. Once you meet eligibility requirements, you can count on this monthly payment arriving to you monthly for life.¹

You can view the value of your pension on your PERF-or-TRF annual member statement represented as a present-day lump sum, which normally arrives the month after your birth month. Once five or more years of service are reached, INPRS can calculate the amount of money that you can receive as a monthly benefit.

To learn more about the benefits of your pension, watch our tutorial.

^{1. Some exceptions include changing your chosen survivor; you may have your pension amount adjusted. Additionally, your pension amount may be reduced or eliminated if you've selected Social Security integration. If this is your situation, you would have agreed to these terms before accepting the benefit. Please contact us if you have questions about your specific INPRS pension benefit.}