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FAQs for Active/Inactive Teachers

What happens with my 1% Supplemental and/or Voluntary Accounts at the time of my retirement?

When you file for your retirement benefits, you will be required to make an election as to how you would like us to distribute your 1% Supplemental and/or voluntary accounts.  Your three choices are: lump sum, extra monthly annuity or apply towards the purchase of service credit. 

For additional information on this topic please see the 1% Supplemental and/or Voluntary Account (Retiring on or after September 1, 2017) bulletin.