RETIREMENT & BENEFIT SERVICES DIVISION MEMORANDUM
March 5, 2008
Attachment

Sample language concerning retirement plan participation and irrevocable waiver option to be included in the University of Connecticut special payroll lecturer employment contracts:

"I acknowledge that in connection with my employment I will be enrolled in the Alternate Retirement Program unless I irrevocably waive retirement plan membership for this and any subsequent employment with this agency or the Board of Governors of Higher Education or any other of its constituent units. I understand that if I fail to complete and submit Form CO-931, "Designation of Retirement System-Tier-Plan-Beneficiary" within 90 days of commencing employment, that I will be automatically enrolled in a retirement plan. If I decide to waive retirement plan participation, I understand that this decision will be irrevocable for any and all subsequent part-time service with this agency or Board of Governors of Higher Education or any other of its constituent units within the State of Connecticut."

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