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STATE OF CONNECTICUT OFFICE OF THE STATE COMPTROLLER RETIREMENT SERVICES DIVISION DESIGNATION OF RETIREMENT SYSTEM-TIER-PLAN-BENEFICIARY CO-931 REV. 12/2011 Page 1 of 3 General Instructions: This.

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You may retire on the first of any month on or following your 70th birthday, if you have at least five years of vesting service. If you leave state service with less than five years of vesting service at age 70 or older, no retirement benefits are payable.

If you have at least 10 years of vesting service, you can receive retirement benefits if you retire on the first of any month on or following your 55th birthday. You may retire with a benefit on the first of any month after you have completed 20 years of credited service while a hazardous duty member.

Tier 2 is a “defined benefit” plan that provides pension benefits based upon final pay and years of service.

There are three plans within Tier I - Plan A, Plan B and Plan C. Contributions for membership in Plans A, B, or C in Tier I are based on your annual salary. Salary includes all pay you receive from the state as a Tier I member, including longevity payments and payments for earned vacation time.

Tier 1 is the equivalent of Social Security benefits and Tier 2 is like an employer's pension plan. Social Security Benefits: Payments made under Title II of the Social Security Act. They include old- age, survivors, and disability benefits.

Connecticut Teachers' Retirement Board Social Security has announced that they will be granting a cost of living increase of 8.7% for 2023.

Your normal retirement date will be the first of any month on or after you are age 60 if you have at least 25 years of vesting service, age 62 if you have at least 10 but less than 25 years of vesting service or age 62 if you have at least 5 years of actual state service.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232