MEDICAL EXAMINING BOARD
For DISABILITY RETIREMENT
|55 ELM STREET
Telephone (860) 702-3480
Facsimile (860) 702-3489
|STATE OF CONNECTICUT|
RETIREMENT SERVICES DIVISION
OFFICE OF THE STATE COMPTROLLER
|ATTENTION:||All Human Resources and Payroll Officers|
|SUBJECT:||STATE EMPLOYEES RETIREMENT SYSTEM (SERS), TIER II MEMBERS - REQUESTS FOR RETIREMENT CREDIT|
The purpose of this memorandum is to introduce the following forms for State Employees Retirement System (SERS) Tier II hazardous and non-hazardous members to obtain retirement credit for qualifying leaves of absence without pay and to restore hazardous duty retirement credit for prior hazardous duty service for which the member received a refund of their contributions. The following forms have been created for these types of purchases:
Important Note: Any request from a member or agency for coverage under the
hazardous duty provisions of the SERS Tier II retirement plan for a member not
employed in a designated hazardous duty classification should be submitted to
the Retirement Services Division, Data Base Unit.
II. LEAVES OF ABSENCE WITHOUT PAY (LAW) CO-988 and CO-990
As a general rule, leaves of absences without pay will diminish both a Tier
II non-hazardous duty member's vesting and credited service and a Tier II
hazardous duty member's credited service. Eligible leaves of absence without pay
may be either obtained for retirement credit by a Tier II non-hazardous duty
member at no cost to the member or purchased for retirement credit by a Tier II
hazardous duty member provided the Tier II member completes such request.
There are special exceptions to this rule: retirement credit is awarded automatically to a Tier II member for leaves during which the individual is receiving qualifying temporary Workers' Compensation, Disability Compensation or leaves taken in accordance with Connecticut General Statutes, Section 5-248c,"Voluntary schedule reduction program". Contact the Retirement Services Division Purchases Unit for more information.
The following types of leaves without pay may be purchased or obtained for retirement credit:
III. RETIREMENT CREDIT RESTORATION REQUEST CO-989
A re-employed Tier II hazardous duty member who has not incurred a permanent break in service may restore retirement credit for their prior Tier II hazardous duty service for which retirement contributions and interest were refunded. A permanent break in service occurs if there is a break in service and the period from severance from service date to reemployment commencement date equals or exceeds the Tier II service prior to that severance, or five year's, whichever is greater.
Usually, the cost to the Tier II hazardous duty member to restore retirement credit shall equal the full amount of the refund plus interest at the rate of 5% per annum calculated from the date of refund to date of application.
It is imperative that all retirement credit request forms be submitted to the Retirement Services Division with the required documentation listed on said form(s) otherwise, the application will not be processed and it will be returned to the Tier II member.
When the application is initially completed for submission to the Retirement Services Division, the agency should retain a copy of the form in the individual's personnel file. Assuming that the eligibility to obtain credit is established, information will be sent to the member reflecting the opportunity to obtain the retirement credit.
This memorandum applies only to new applications submitted after May 21,
2012. Completion of a new application for previously submitted requests is not
necessary. Agency personnel may call the Retirement Credit Purchases Unit at
(860) 702-3511, or through the Retirement Services Division email address:
any questions that may arise.
Very truly yours,
STATE EMPLOYEES RETIREMENT COMMISSION
KEVIN LEMBO, SECRETARY EX OFFICIO
Brenda K. Halpin, Director
Retirement Services Division
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