STATE EMPLOYEES
RETIREMENT COMMISSION |
|
55 ELM STREET
HARTFORD, CONNECTICUT
06106-1775
TELEPHONE: (860) 702-3480
TELEFAX:(860) 702-3489 |
MEDICAL EXAMINING BOARD
for DISABILITY RETIREMENT |
HEALTH CARE COST
CONTAINMENT COMMITTEE |
|
STATE OF CONNECTICUT
RETIREMENT SERVICES DIVISION
OFFICE OF THE STATE COMPTROLLER |
|
RETIREMENT SERVICES DIVISION MEMORANDUM
April 20, 2009
TO THE HEADS OF ALL STATE AGENCIES
ATTENTION: |
Human Resources and Payroll Officers |
SUBJECT: |
Retirement Services Division Refund Application Forms |
To better serve employees as well as clarify and streamline procedures for
both State agency and Retirement Services Division (Division) staff, the
Division has reviewed the application for refund process and revised Form
CO-628, Application for Refund of Retirement Contributions.
Form CO-628, Application for Refund of Retirement Contributions, has been
revised for refunds of terminated State Employees Retirement System (SERS) Tier
I members only and terminated members of the Probate Judges and Employees
Retirement System. Separate refund application forms have been created for (a)
vested SERS Tier II former hazardous duty members wishing to withdraw their
hazardous duty contributions prior to their receipt of retirement income, (b)
terminated, non vested SERS Tier IIA members and (c) vested Tier I and Tier IIA
former hazardous duty members who wish to withdraw that portion of their
contributions attributable to their hazardous duty service prior to their
receipt of retirement income.
Important retirement and tax information has been added to the forms and the
forms are now available on-line in a fillable format as well as through the
State's forms ordering process. When using the on-line format, note that the
forms must be printed and signed by both the agency and member and notarized
before being forwarded to this Division.
A brief explanation of each refund application form follows. Copies of the
forms can be found on the internet at
http://www.osc.state.ct.us/agencies/forms/.
- CO-628 APPLICATION FOR REFUND OF RETIREMENT CONTRIBUTIONS
- This application is for State Employees Retirement System (SERS) Tier I
members who have terminated state service, are not eligible for an immediate
retirement benefit and wish to receive a refund of all their retirement
contributions and interest in lieu of their receipt of any future monthly
retirement income; Tier I members who meet the age and service requirements
for the immediate receipt of monthly retirement income at the time of their
termination may not request a refund in lieu of their receipt of monthly
retirement benefits.
- This application is also designed to be used for terminated Probate
Judges & Employees Retirement System members.
- CO-628a APPLICATION FOR REFUND OF RETIREMENT CONTRIBUTIONS
- This application is for State Employees Retirement System (SERS) Tier II
former hazardous duty members who have terminated state service and are not
eligible for a retirement benefit under Tier II hazardous duty provisions.
Once these contributions are withdrawn the member is no longer eligible for
retirement credit under Tier II hazardous duty or disability retirement
provisions for service performed as a hazardous duty member. The member may
however retain service credit in the non-contributory Tier II retirement
plan and, if eligible, should apply for a vested retirement benefit. If such
member does not meet the eligibility requirements for a vested retirement
benefit, they will not retain retirement credit in Tier II for this service
if they return to state employment after experiencing a permanent break in
service.
- CO-628b APPLICATION FOR REFUND OF RETIREMENT CONTRIBUTIONS
- This application is for State Employees Retirement System (SERS) Tier
IIA members who have terminated state service and are not eligible for an
immediate or a vested retirement benefit; Tier IIA members who are eligible
to receive an immediate or a vested benefit at the time of termination may
not request a lump sum refund in lieu of their receipt of monthly retirement
benefits. However, a vested Tier IIA member who contributed to SERS as a
member of the Tier IIA hazardous duty retirement plan may request a refund
of the contributions they made in excess of those required for non-hazardous
duty Tier IIA service. See Form CO-628c below.
- CO-628c APPLICATION FOR REFUND OF HAZARDOUS DUTY RETIREMENT
CONTRIBUTIONS
- This application is for State Employees Retirement System (SERS) Tier I
and Tier IIA members who have terminated state service, contributed as
members of the Tier I or Tier IIA hazardous duty retirement plan, are not
eligible for retirement under Tier I or Tier IIA hazardous duty provisions,
are eligible for a retirement benefit under SERS Tier I or Tier IIA vested
rights retirement provisions and wish to withdraw their hazardous duty
retirement plan contributions before beginning receipt of a non-hazardous
duty, non-disability retirement benefit. Once these contributions are
withdrawn the member is no longer eligible for hazardous duty or disability
retirement credit for service performed as a hazardous duty member.
Questions regarding the completion of the refund application forms may be
addressed to the Division's Data Base Unit by telephone at (860) 702-3517 or
by email to osc.databaseunit@po.state.ct.us.
Very truly yours,
STATE EMPLOYEES RETIREMENT COMMISSION
NANCY WYMAN, SECRETARY EX OFFICIO
BY:
Mark E. Ojakian, Deputy Comptroller and Division Director
Retirement Services Division
MEO/JK
Return to Index of 2009 Retirement Division
Memoranda
Return to Index of Comptroller's Memoranda
Return to Comptroller's Home Page