Peach State Reserves (PSR)
Termination Information
When separating from state employment, you are entitled to your vested funds in a PSR account.
Vested Balances of $1,000 or Less
Note: Any money in Self-Directed Brokerage Window must be moved back into core funds to be removed from account
- Account automatically paid out according to date indicated on
Separation From Employment Notice (approximately 90 days)
- If account balance has increased above $1,000 on payment processing date, payment will not process
- PSR Plan(s) account balances need to remain above force-out threshold of $1,000
- Account balances are reviewed on quarterly basis
- Account balance will be paid out as cash in 90 days if below $1,000 force-out threshold
- Participant can access YBR or call BC prior to force-out date
to request payment
- If force-out pending customer can request total distribution which cancels force-out
- If affidavit not received and approved, another force-out triggered when quarterly force-out process run