Request a Withdrawal

The form you use to request a withdrawal from your account will be determined by the type of withdrawal you want to make. In most cases, you can access and submit your form in your online deferred comp account or mobile app.

If you are currently working for a SERS-participating employer, withdrawals from your account are limited to conversions of traditional before-tax funds to Roth after-tax funds and to cover necessities due to a financial hardship.

The Pennsylvania Treasury issues payments from the plan on three days each month. See the distribution schedule for those dates. In order for most withdrawals to be issued on a particular date, please submit your withdrawal form at least ten days in advance.

Retiring or leaving state employment?   If you are retiring or leaving state employment, don’t submit distribution requests to Empower until you see your leave payout deposited into your deferred comp account or any lump sum rollovers from your pension deposited into your account.  Empower cannot distribute money from your account until they receive an employment termination notice from your employer. When you see your leave payout and/or lump sum rollover deposited in your account, you’ll know that your employment termination has been processed.

NOTE: A debt to your employer (e.g. overdrawn leave or unreturned equipment/uniforms), will delay the termination notice and your distribution.  If you have an outstanding debt that exceeds the amount you expect to receive in your final pay, and you work for an employer under the Governor’s jurisdiction*, please contact the Bureau of Commonwealth Payroll Operations (BCPO) Accounts Receivable at 717.783.9129  as soon as possible, to make arrangements to satisfy the debt.
  

 
I am …
 
I want to …
 
Form to Use
 
Where to Access Form
 

Retiring or leaving
state employment

 

Make a one-time withdraw paid
to me or rolled directly to a
financial institution.

 

Separation from
Employment Withdrawal Request

 

Online DCP account,
mobile app or 1.866.737.7457

 

Retired or no longer
working forthe state

 

Make a one-time withdraw paid
to me or rolled directly to a
financial institution.

 

Separation from
Employment Withdrawal Request

 

Online DCP account,
mobile app or 1.866.737.7457

 

Retired or no longer
working for the state

 

Establish regularly scheduled installment payments to me

 

Installment Payments

 

1.866.737.7457

 

Retired or no longer
working for the state

 

Change my installment payment
plan -- time or amount

 

Installment Payments

 

1.866.737.7457

 

Retired or no longer
working forthe state

 

Withdraw the required minimum amount -- the “required minimum
distribution” -- required by the IRS.

 

Required Minimum Distribution Request

 

Online DCP account,
mobile app or 1.866.737.7457

 

Currently working for
a SERS-participating
employer

 

Withdraw money to cover
necessities due to a
financial hardship

 

Hardship Withdrawal
Request

 

1.866.737.7457

 

An active
state employee

 

Convert my traditional
before-tax funds to Roth
after-tax funds

 

In-Plan Roth Rollover
Request Form

 

Online DCP account,
mobile app or 1.866.737.7457

 

The ex-spouse
of a participant

 

Withdraw money from the
account I received as part
of my divorce settlement

 

Alternate Payee
Distribution

 

1.866.737.7457

 

The beneficiary
of a participant

 

Withdraw money from the
account I inherited after the
death of a plan participant

 

Beneficiary Account Withdrawal Request

 

Online DCP account,
mobile app or 1.866.737.7457

 

*Employees of the Liquor Control Board, Office of the Attorney General, Gaming Control Board, Public Utility Commission, Auditor General and all other agencies not under the Governor's jurisdiction should contact their local Human Resource office for assistance.