Retirement Services and Resources
Retirement planning can be daunting, and in order to alleviate the uncertainty and stress and make the best personal decisions at the right time, NJPSA members can count on the expertise of the Retirement and Benefits Department to provide a clear understanding of the complex elements of the New Jersey public pension system. The department will also communicate to members the ramifications of recent changes to the pension system for public employees.
NJPSA is unique among the state principal and supervisor associations in the United States because of our retirement planning services. Members can call the NJPSA office to schedule an appointment for a one-on-one consultation with Bob Murphy, Director of Retirement and Benefit Services, to help you plan for your future or prepare for retirement within the year. In-district consultations can also be arranged for a group of three or more, and retirement workshops are held periodically at the FEA Conference Center and other locations to provide members with comprehensive information regarding the retirement allowance, pension options, survivor benefits, taxation of benefits, insurance, health benefits, and employment after retirement. NJPSA members are eligible to receive a retirement planning portfolio that includes a personalized estimate of the retirement allowance and a complete set of retirement planning materials.
Take a moment to peruse the materials on this web page and feel free to give us a call anytime. We are here to help you!
TPAF Pension/Retirement Seminar (five dates/locations)
Presented by Bob Murphy, Director of Retirement Services
Whether your retirement date is within a year or further down the road, this seminar is designed to help you better understand your Pension, the changes in the Retirement Tiers, Chapter 78 and how they may impact you.
This seminar will address:
The five Retirement Tiers
The retirement application process and nine pension options
Health Benefits and Medicare
Employment after Retirement
You are encouraged to bring your general questions, and you will leave with a better understanding of your benefits in retirement. You should also be enrolled in the Pension MBOS (Member Benefit Online System) and plan to bring your Member Benefit Statement with you to the Workshop. Enrollment is limited and is open to NJPSA members only due to the anticipated large number of attendees. (Please no spouses or guests – they can be accommodated at our individual consultation sessions.)
Thursday, April 19, 2018, 4 pm – 6 pm (South/Central)
Brick Township PD Center
101 Hendrickson Ave, Brick, NJ 08724
Thursday, April 26, 2018, 4 pm – 6 pm (South)
Galloway Twp. Middle School
100 S. Reeds Road, Galloway, NJ 08205
Wednesday, May 2, 2018, 4 pm – 6 pm (Central)
New Jersey Principals and Supervisors Association
12 Centre Drive, Monroe Township, NJ 08831
Thursday, May 10, 2018, 4 pm – 6 pm (North)
Ramapo College – Trustees Pavilion
505 Ramapo Valley Rd, Mahwah, NJ 07430
Thursday, May 17, 2018, 4 pm – 6 pm (North)
764 Grant Ave, Maywood, NJ 07607
Retirement Survival Guide
For your convenience, Bob Murphy has put together a survivor’s guide of items that will be helpful as you prepare for your retirement. The materials in this guide include fact sheets, TPAF Life Insurance information, a list of vital documents you will need, and other important information that will help you and your family.
If you have questions about your upcoming retirement, you may find the answers in one of these PowerPoints, developed by Bob Murphy for his retirement presentations to NJPSA members.
Additional Helpful Resources
Below are links to government and health care websites that you may find useful during and as you plan for your retirement: