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PERA penalty

       I worked over my maximum number days allowed by PERA (differing opinions of allowed or not) and they subsequently gave me a penalty which I paid through a deduction ion my PERA benefit check.  Is that penalty amount considered a deduction I can claim?

 

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1 Reply
ThomasM125
Expert Alumni

PERA penalty

There would be no way to deduct a penalty as you suggest that is associated with your pension. The only way it would be allowable would be if it was subtracted from pension distributions you received as reported on a Form 1099-R from the pension company.

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