TRB: Leaving the System

{Frequently Asked Questions (FAQs)}

I am leaving the system with less than 10 years of Connecticut Service.  I realize that under current laws and regulations I am not vested, but do I need to withdraw my funds immediately?

As an inactive member, you are not required to withdraw your funds immediately.  Your account will continue to accrue interest at the same rate of interest as active members for up to 25 years. You will also continue to receive a Member Annual Statement from this office.  Be sure to keep us informed of your current home mailing address in writing.

Your account is subject to the Internal Revenue Service Required Minimum Distribution provision, and so you must close your account when you reach age 70 1/2.



Content Last Modified on 3/3/2014 12:25:56 PM