Fall/Winter 2006
Public School Retiree Newsletter
Employees' Retirement System of Georgia
New Retiree Web Account Access
We are excited to announce the availability of on-line account access for retirees through the new ERS Retiree Web! The Web can be used to make changes to your retirement account and to access information in a secure way, as described below:
View personal information View payment information View payment history Update your home address Set up or update your Direct Deposit information Update your Federal and State withholding information View 1099-R information
Retiree Web is a quicker and more efficient way for you to make personal information changes and review your account. To access ERS Retiree Web, go to http://www.ersga.org and click on Retiree Web. You'll need to establish a user account, with password, after which you can log in to your account and access your retirement information. Try it today!
Cost of Living Adjustments (COLAs)
Subject to the approval of the Public School Employees Retirement System (PSERS) Board of Trustees, COLAs are granted twice a year; with the January 31st check and the July 31st check. You must be retired for one (1) month to be eligible for COLAs. If you are a beneficiary receiving a benefit, you must be at least age 45 to receive COLAs.
Two Northside 75, Suite 300 - Atlanta, GA 30318-7778
Contact Information
ERS General Office ERS Financial Services Fax ERS Toll Free Web Site
404-350-6300 404-350-6308 800-805-4609 www.ersga.org
Presort Standard US Postage
PAID Permit #7926 ATLANTA, GA
Social Security Checks to Increase in 2007
Social Security checks will be increasing by 3.3% in 2007. Because inflation has been lower, this is a smaller percentage gain than the 4.1% rise in monthly benefits for 2006. This adjustment is pegged to the September consumer price index. According to the Social Security Administration, the cost-of-living adjustment will translate into an average monthly increase of $33 for the typical retiree. Your increase may be more or less. For more information, contact the Social Security Administration at 1-800-772-1213 between 7 a.m. and 7 p.m., Monday through Friday. People who are deaf or hard of hearing may call the toll-free TTY number, 1-800-325-0778. Please have your Social Security number handy when you call. Additional information may be obtained from the Social Security website at www.ssa.gov.