Division:

Human Resources (HR)

Title:

Standard Operating Procedures

Procedure:

Retirement Application Process

Original Effective Date:

5/17/05

Revised Effective Date:

 

 

     

     Procedure:

 

Note: The Retirement Application Process, forms and instructions are listed in the Retirement Section, pages 123-136 of the Retirement Employer Manual.

 

http://www.nctreasurer.com/NR/rdonlyres/870B1BD4-F381-4423-99BE-52A64043F605/0/00387_1_12TeaStateFINAL.pdf

 

 

  1. Employee must complete an “Application for Retirement” (Form 6).

 

  1. Employee must complete an “Authorization Agreement for Direct Deposit” (Form Ret-170).

 

  1. Employee must complete a State Health Plan “Retired Group Enrollment/Change Application” (Form Ret-HM).

 

  1. Employee submits the completed and signed forms to his/her Health Benefit Representative.

 

  1. Employee must submit projected timesheet to his/her Health Benefit Representative for a determination of estimated vacation and bonus leave balances.

 

  1. The Health Benefit Representative completes portions of the Employer Certification on the Form 6 to include the projected vacation and bonus leave balances. The longevity payment amount is listed on Form 6 also.

 

  1. The Health Benefit Representative copies and forwards all originals to DHHS-Payroll for completion of the Projected Compensation portion of Form 6.

 

  1. The Payroll Officer will forward all originals to the Retirement System and send a completed copy back to Human Resources.

 

  1. The employee will then be mailed an “Election of Benefits” form (Form 6E) and an “Income Tax Withholding Election” form (Form Ret-290) from the Retirement Division.

 

 

You can view and print the North Carolina Retirement System’s “Applications and Forms” at:

       www.treasurer.state.nc.us/dsthome/RetirementSystems/ApplicationsandForms