PERSI Retirement
You become a PERSI member when you go to work in an eligible position with a PERSI employer. When you earn 60 month of service credit you will be vested to receive a lifetime benefit at retirement. The 60-month vesting period does not need to be with the same PERSI employer. The retirement plan is a defined benefit retirement plan and the retirement benefit is determined by a formula which considers:
Age at the time of retirement
Number of months credited state service, and
The highest average monthly salary paid over a period of 42 consecutive months service.
Current contributions required are:
General Members
Employee 7.18%
Employer 11.96%
School Members – Faculty & Bus Drivers
Employee 8.08%
Employer 13.48%
The PERSI Coeur d’Alene office phone is 1-800.962.8228.
PERSI BENEFITS at a glance
PERSI Brochures
Please see the PERSI Website for more useful information.