The Department of Human Resources has been informed by the Office of the State Comptroller-Retirement Services Division, that the change to the retirement election process which will require new higher education state employees to make an irrevocable election to participate in an applicable retirement plan offered by the State of Connecticut no later than their first day of employment, has been delayed until March 31, 2017.
The Retirement Services Division of the Office of the State Comptroller is continuing to create tools that will be helpful to new employees when making a retirement election. This information as well as an updated retirement election form will be available in the coming weeks.
Given the University’s decentralized hiring model, hiring administrators must notify candidates of this state requirement at the time of job offer to ensure the candidate has ample time to make an informed election should they accept the position. In addition, the Department of Human Resources has designed a process by which all new hires eligible for a retirement plan will be reminded of the new requirement upon a job offer being accepted. More details regarding the new process will be available as soon as we receive final information from the Office of the State Comptroller.
For more information, contact: Human Resources at 860-486-3034 or hr@uconn.edu