IRS has yet to rule on releasing funds for other active paras
The SFUSD Director of Labor Relations has informed UESF that the district will authorize PARS to process distributions of PARS retirement accounts on July 6, 2012 for paras who submitted their retirement between October 12, 2011 and June 30, 2012.
According to the district, if an employee who has submitted their retirement calls PARS during the month of June, he/she will continue to be told that the funds are frozen.
PARS Accounts for Paras who are still active in the district, and those who have been terminated or who have resigned, are still frozen pending a ruling by the IRS.
UESF will again contact the IRS and the offices of Congresswoman Nancy Pelosi to get the funds released as soon as possible.
After July 6th, paras who have formally retired should the PARS office at 1-800-540-6369 to inquire about their accounts. More information can also be found at the PARS website.