This is a legal form that was released by the Pennsylvania Public School Employees' Retirement System - a government authority operating within Pennsylvania. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: What is Form PSRS-1253?
A: Form PSRS-1253 is the nomination of beneficiaries addendum used in the state of Pennsylvania.
Q: Who can use Form PSRS-1253?
A: This form is used by members of the Pennsylvania State Employees' Retirement System (PSERS) to designate beneficiaries for their retirement benefits.
Q: Why do I need to fill out Form PSRS-1253?
A: Filling out this form ensures that your retirement benefits will be distributed according to your wishes in the event of your death.
Q: What information do I need to provide on Form PSRS-1253?
A: You will need to provide your personal information, such as your name and social security number, as well as the names and contact information for your beneficiaries.
Q: Can I change my beneficiaries after submitting Form PSRS-1253?
A: Yes, you can update or change your beneficiaries at any time by submitting a new form to PSERS.
Q: Are there any restrictions on who can be named as a beneficiary?
A: Generally, you can designate anyone as a beneficiary, but certain restrictions may apply depending on your specific circumstances. It's always best to consult with a financial advisor or attorney for guidance.
Q: Is there a deadline for submitting Form PSRS-1253?
A: There is no specific deadline for submitting this form, but it is recommended to fill it out as soon as possible to ensure your beneficiary information is up to date.
Q: What happens if I don't fill out Form PSRS-1253?
A: If you do not designate beneficiaries on this form, your retirement benefits may be distributed according to Pennsylvania state law, which may not align with your wishes.
Q: Can I make changes to my beneficiary designation after I retire?
A: Yes, you can still update your beneficiary designation after retirement by submitting a new form to PSERS.
Form Details:
Download a printable version of Form PSRS-1253 by clicking the link below or browse more documents and templates provided by the Pennsylvania Public School Employees' Retirement System.