Protecting Your Retirement Benefit
RIPEA has grown from a very small Association established in 1972 to an Association with 44,414 members. The reason for this growth is simple – WE GET RESULTS!
Public funds across the country are under attack. RIPEA works tirelessly in the Indiana Legislature to protect your future pension benefits. An experienced lobbyist, paid by RIPEA, provides Legislative representation, proposes legislation, obtains sponsors and testifies on behalf of RIPEA members at Legislative Committee Meetings. These legislative efforts have yielded these important benefits to all PERF retirees:
- In every year since 1991 – 30 consecutive years – there has been a COLA (cost of living adjustment) and/or 13th check for PERF retirees.
- In 2003, for the 1st time in the history of PERF, a minimum monthly benefit of $180.00 was approved by the Indiana Legislature.
- In recent years the discussion in the Indiana Legislature was the issue of establishing a defined contribution plan as an option for new employees of the state of Indiana. RIPEA provided information in this process regarding the advantages/disadvantages of offering this option.
The benefits of membership in RIPEA also include a comprehensive and competitive insurance program offered at group rates, a quarterly newsletter, the RIPEA Annual Convention, chapter organizations, and the ability to talk to a “live” person about your membership benefits or any of RIPEA’s activities on your behalf.