PERAPlus 457 Plan

Frequently Asked Questions

Question:
How do I request a payout at the time I terminate PERA-covered employment?

Answer:
You can print a Participant Termination Notification Form located in the Forms section of this website. This form will notify the Plan that you have terminated PERA-covered employment. After the 30-day wait period, you will be eligible to withdraw funds from your account and you may do so by calling 1-800-759-7372 and selecting the PERAPlus option. Or you can request a distribution from your PERAPlus 457 account by logging on with your User ID and password through www.copera.org and clicking on "Withdrawals." You are encouraged to speak with your tax professional or financial planner before deciding how to take your distribution.