STATE EMPLOYEES RETIREMENT COMMISSION |
55 ELM STREET HARTFORD, CONNECTICUT 06106-1775 TELEPHONE: (860) 702-3480 TELEFAX:(860) 702-3489 |
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MEDICAL EXAMINING BOARD for DISABILITY RETIREMENT |
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HEALTH CARE COST CONTAINMENT COMMITTEE |
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STATE OF CONNECTICUT RETIREMENT AND BENEFIT SERVICES DIVISION OFFICE OF THE STATE COMPTROLLER |
RETIREMENT & BENEFIT SERVICES DIVISION MEMORANDUM
May 16, 2003
TO THE HEADS OF ALL STATE AGENCIES
ATTENTION: |
All Personnel and Payroll Officers |
SUBJECT: | DEADLINE TO PARTICIPATE IN THE 2003 EARLY RETIREMENT INCENTIVE PROGRAM FOR MEMBERS OF THE STATE EMPLOYEES RETIREMENT SYSTEM |
By memorandum dated March 7, 2003, the Retirement & Benefit Services Division (Division) discussed the 2003 Early Retirement Incentive Program (Program). Among the subjects of discussion were the eligibility rules; specifically, the Program provides three incentive years of credit to a State Employees Retirement System (SERS) member who:
As June 1, 2003 approaches, it is important to stress that the deadline is Friday, May 30, 2003 at 4:30 P.M. for submission of June 1, 2003 retirement applications to the Division. For any eligible employee whose retirement is being deferred under the restricted circumstances described in Division memoranda dated March 14, 2003 and May 2, 2003, the Form CO-1101 or Form CO-1101A, whichever deferral form is applicable, must also be received by the Division no later than close of business on May 30, 2003.
Any SERS member whose retirement application with an effective date of June 1, 2003 is received by the Division after May 30, 2003 shall not be eligible for the three incentive years provided by the 2003 Program.
Very truly yours,
STATE EMPLOYEES RETIREMENT COMMISSION
NANCY WYMAN, SECRETARY EX OFFICIO
BY:
Steven Weinberger, Director
Retirement & Benefit Services Division
SW/SF/la
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