Separating from Membership
Separating from Membership
Vesting Benefits
As an active member, you should be aware that your accumulated benefits are protected if you leave the State Retirement and Pension System and you are vested. Once you are vested, if you should leave your job for any reason, you are guaranteed to receive a future benefit for the years and months of service earned before termination unless you withdraw your accumulated contributions.
Non-vested Former members
Members who separate from service before earning a future vested benefit and do not plan on returning to service within four years of separation are encouraged to withdraw any accumulated contributions they may have made to the System while they were employed.
If contributions are not withdrawn within four years, they are considered abandoned and no longer accrue interest. These funds, however, may be claimed at any time by the former member, or his/her beneficiary or estate.