TRB: Attention July 1, 2013 Retirees

Attention July 1, 2013 Retirees

 

If you elected a refund of your Supplemental and/or Voluntary account on your Application for Retirement Benefits and you have not submitted an Application for Withdrawal of Supplemental and/or Voluntary, the form is due on or before November 29th, 2013.  If we have not received the application by November 29, 2013, we will issue a refund to you on December 31, 2013; report the taxable amount as taxable income to you; and withhold 20% of that amount for federal income taxes.  No state tax will be withheld.  However, you are not relieved of any tax liability which may be due.

 

 

 

 

 

 

 



Content Last Modified on 2/25/2014 3:29:13 PM