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State of New Jersey Department of the TreasuryDIVISION OF PENSIONS & BENEFITS DEFINED BENEFIT & DEFINED CONTRIBUTION BUREAU FP09520120P.O. Box 295, Trenton, NJ 086250295ALTERNATE BENEFIT PROGRAM.

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How to fill out the FP-0952-0120 online

The FP-0952-0120 form is a vital document for individuals participating in the Alternate Benefits Program (ABP) and the Defined Contribution Retirement Program (DCRP) in New Jersey. This guide provides clear instructions on completing the form online efficiently and accurately.

Follow the steps to complete the FP-0952-0120 form online

  1. Press the ‘Get Form’ button to access the FP-0952-0120 form and open it in the online editor.
  2. Begin by filling in your name in the designated field. Ensure that you provide your full name as it appears on official documents.
  3. Enter your date of birth in the format MM/DD/YYYY, ensuring accuracy to avoid any identification issues.
  4. Provide your email address in the respective field to facilitate communication regarding your withdrawal request.
  5. Fill in your Social Security number accurately. You only need to input the last four digits in the specified section.
  6. Complete the member number section with your specific identification number associated with your account.
  7. Indicate your current employment status by selecting the appropriate option for resigned, dismissed, or retired. Include the date of this status change in the given format.
  8. Carefully read the information regarding retirement and cash distributions to ensure you understand your choices.
  9. Acknowledge your understanding of the withdrawal process by signing in the designated area and entering the date you completed the form.
  10. Finally, ensure all information is filled out accurately, then download, print, or save the completed FP-0952-0120 form as necessary. You can fax the completed form to (609) 633-1696.

Complete your FP-0952-0120 form online today to manage your retirement and benefits effectively.

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A defined contribution plan, on the other hand, does not promise a specific amount of benefits at retirement. In these plans, the employee or the employer (or both) contribute to the employee's individual account under the plan, sometimes at a set rate, such as 5 percent of earnings annually.

Those employees working less than 32 hours per week, with an annual salary greater than $5,000 will be enrolled in the DCRP at a rate of 5.5% with an employer match of 3%. This program is mandatory and is managed by Prudential Retirement.

about tHe desiGnation of beneficiary form The Designation of Beneficiary form allows a member of a New Jersey Alternate Benefit Program (ABP) or Defined Contribution Retirement Program (DCRP) to nominate a beneficiary, or bene- ficiaries, for benefits payable upon the death of that member.

The Defined Contribution Retirement Program (DCRP) was established July 1, 2007, under the provisions of N.J.S.A. 43:15C-1 et seq. The DCRP provides eligible members with a tax-sheltered, de- fined contribution retirement benefit, along with life insurance and long-term disability coverage.

The amount of your annual pension will be equal to 65 percent of your Final Compensation plus 1 percent for each year of service over 25 years but not to exceed 30 years.

Eligibility. DCRP membership is for employees who do not earn the minimum salary or work the minimum hours required for enrollment in the Public Employees' Retirement System (PERS).

If you have ended your New Jersey public employment, are not planning to return, and are not eligible to retire, you may withdraw your pension contributions. To withdraw the balance in a lump sum, you must no longer be working in any covered position.

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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