Office of the State Comptroller
Retirement Services Division

CMERS - Retirement Basics - Counseling Workshop on the Web

Introduction ..

Welcome to the Connecticut Municipal Employees Retirement System (CMERS) Counseling Workshop on the Web. This workshop will not cover every retirement provision or detail but rather is a general explanation of the most important retirement issues and considerations.

If you fall within our target audience-current CMERS employees transitioning directly from employment into retirement-we hope to provide you with the information you will need to make informed retirement decisions.

While this workshop is meant to be helpful and informative, nothing contained in it should be considered a promise or contract. The applicable retirement statutes, regulations, and decided cases that construe them are the governing law. The CMERS Unit of the Retirement Services Division (RSD) reserves the right to revise, change or revoke without notice the information, rules and procedure detailed in this workshop.

Plan Membership

Your contributions pay only a small part of the cost of your retirement benefits. Your municipality makes contributions at rates set by the State Retirement Commission to fund the remaining cost. The municipality also contributes toward the administrative costs of the plan.

Eligibility Requirements for Retirement

Retirement Type Age And Service Requirements For Commencement Of Pension Benefits Entitled To COLA
Normal Any age with 25 Years Service Credit Yes
Age 55 with 5 Years Continuous Service Yes
Early Any age with 5 years of continuous service but reduced benefit
 
Yes
Vested
Rights*
Age 55 with 5 years continuous Once benefits commence
Disability Service connected - any age with any service Yes
Non-service connected - any age with 10 years actual service Yes

* Members who left CMERS service after satisfying the minimum service credit requirement but have postponed collection of the benefit until they reach the age of 55.

Benefit Calculation

CMERS Part A Benefit Estimator
CMERS Part B Benefit Estimator
CMERS Benefit Formula and Factors
Benefit Rate
Retirement Service Credit
Part-Time Service
Average Salary
Part B Reduction
Cost of Living Adjustment 

CMERS Benefit Estimator:

CMERS  Benefit Formula and Factors:

2 % X Final Average Pay X Years/Months of Service

Age 62 - Social Security Reduction

1 ½% X Final Average Pay X Years of Service
Up to the Year’s Breakpoint

Plus

2 % X Final Average Pay X Years of Service
Above the Year’s Breakpoint

Benefit Rate:

Retirement Service Credit:

Part-Time Service:
If you have had part-time service, you should know that:

Remember, you must customarily work at least 20 hours per week in order to qualify for CMERS membership.

Average Salary

Cost of Living Adjustment

Social Security and the CMERS Benefit

Part A Social Security Information

Part B Social Security Information

 

Part A Social Security Information

Part B Social Security Information

Survivor Benefits

Overview
Option D - Straight Life Annuity
Option A - 50% Spouse
Option B - 50% or 100% Contingent Annuitant
Option C - 10 Year or 20 Year Period Certain
Spousal Waiver
Certification of Marital Status 

Overview

CMERS INCOME PAYMENT ELECTION FORM - Option A
PDF format WORD format
CMERS INCOME PAYMENT ELECTION FORM - Option B
PDF format WORD format
CMERS INCOME PAYMENT ELECTION FORM - Option C
PDF format WORD format
CMERS INCOME PAYMENT ELECTION FORM - Option D
PDF format WORD format
CMERS Part A Benefit Estimator
CMERS Part B Benefit Estimator

Certification of Marital Status PDF format

Spousal Waiver PDF format

Option D - Straight Life Annuity PDF format

Option A - 50% Spouse PDF format

Option B - 50% or 100% Contingent Annuitant PDF format

Option C - 10 Year or 20 Year Period Certain PDF format

Insurance: Health, Dental, and Life

The Retirement Process

Notification to Employer
Required Forms
Audit Process
Pension Checks
Re-Employment
Service Connected Disability and Workers Compensation
Counseling Services
Other Resources

Notification to Employer

Required Forms

APPLICATION FOR CMERS RETIREMENT BENEFITS (PART B)
PDF format WORD format
CMERS INCOME PAYMENT ELECTION FORM - Option A
PDF format WORD format
CMERS INCOME PAYMENT ELECTION FORM - Option B
PDF format WORD format
CMERS INCOME PAYMENT ELECTION FORM - Option C
PDF format WORD format
CMERS INCOME PAYMENT ELECTION FORM - Option D
PDF format WORD format
SPOUSE WAIVER OF MONTHLY SURVIVOR BENEFIT (CMERS)
PDF format WORD format
CERTIFICATION OF MARITAL STATUS (CMERS)
PDF format WORD format

Audit Process

Pension Checks

Employer Payouts

Re-Employment

Service Connected Disability and Workers Compensation

Sources of Information

Counseling Services:

Other Resources:

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