What kind of benefits are available through PERS?
PERS provides benefits for active members as well as pension and medical benefits at retirement. Qualifying active members have occupational disability and death benefits available upon entry to PERS. These benefits expand to disability and death benefits resulting from nonoccupational causes once a member is vested. For members who reach retirement eligibility, PERS provides a lifetime pension benefit with options to provide continuing benefits to a surviving spouse. Along with the pension benefit, PERS also offers a retiree medical plan, Dental-Vision-Audio coverage, and Long-Term Care coverage. Once retired, eligible members receive a cost of living increase to their PERS benefits once per year if there has been a raise in the cost of living in the previous year. Retired members who are principally domiciled and physically present in Alaska and receiving a monthly pension may also be eligible for an additional after-retirement increase of 10% of their base pension benefit. This incr
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