Retirement Paperwork Session March 12, 2015

Please complete and return at the end of the session Form 6- Claiming Your Retirement Benefit PAGE ONE ONLY Photo ID Proof of Birth for you and your spouse/beneficiary (if any) (clear copy of driver’s license or state issued ID or certified birth certificate) Resignation Form Retirement effective date: July 1, 2015 Resignation effective date: June 30, 2015

Determining Your Retirement Service Eligibility Unreduced payment 30 years of contributory retirement service regardless of age 25 years of contributory retirement service and age 60 5 years of contributory retirement service and age years of contributory retirement service and age 65 if employee became a member on or after August 1, 2011

Determining Your Retirement Service Eligibility Reduced payment 20 years of contributory retirement service and age 50 5 years of contributory retirement service and age years of contributory retirement service and age 60 if employee became a member on or after August 1, 2011

When you retire, what happens to your ABSS leave balances? The following is paid (as it applies to your situation) to you by ABSS: Annual leave up to 30 days. Any annual leave over 30 days rolls over into your sick leave. (See Sick Leave item below.) Bonus leave Bonus/Annual Leave Installment pay Longevity pro-rated through your last day of employment Personal leave is never paid out. However, it rolls over into your sick leave. (See Sick Leave item below.) Sick leave is never paid out. However, it is reported to the retirement system, and is added to your retirement years of creditable service, increasing your retirement service. (See Sick Leave Conversion Sheet.)

.125 – 20days=1 month 241 – 260 days=13 months 21 – 40 days =2 months 261 – 280 days=14 months 41 – 60 days =3 months 281 – 300 days=15 months 61 – 80 days =4 months 301 – 320 days=16 months 81 – 100 days=5 months 321 – 340 days=17 months 101 – 120 days=6 months 341 – 360 days=18 months 121 – 140 days=7 months 361 – 380 days=19 months 141 – 160 days=8 months 381 – 400 days=20 months 161 – 180 days=9 months 401 – 420 days=21 months 181 – 200 days=10 months 421 – 440 days=22 months 201 – 220 days=11 months 441 – 460 days=23 months 221 – 240 days=12 months 461 – 480 days=24 months Conversion of Sick Leave Days Into Retirement Service

When the Retirement System Receives Your Application for Retirement, You Will Receive At Least Two Mailings As Follows: The First Mailing Will Include: Acknowledgement Letter Form 333, Notice of $10,000 Contributory Death Benefits for Retired Members Form 170, Authorizing Direct Deposit (as a Retiree) Online HM, Selecting Retiree Health Insurance through the State Health Plan Online and instructions to enroll electronically or by telephone on the State Health Plan. (There is no paper form; enrollment must be done either online or by phone.) Enrollment is vital to ensure that your health insurance coverage is effective the first of the month following your retirement date.

When the Retirement System Receives Your Application for Retirement, You Will Receive At Least Two Mailings As Follows: The First Mailing: Return completed documents to the State Retirement System Remember, forms and correspondence will be sent directly to you and it is your responsibility to complete and return any forms to the North Carolina Retirement System. It is also your responsibility to complete online health insurance enrollment as a retiree.

When the Retirement System Receives Your Application for Retirement, You Will Receive At Least Two Mailings As Follows: The Second Mailing Will Include: Report of Estimated Retirement Benefits Form 6E, Choosing Your Retirement Payment Option (Form 6E must be notarized - do not sign until a notary can witness your signature.) Form 290, Choosing Income Tax Withholding Preference Form 336, Designating Beneficiary(ies) for the Guaranteed Refund as a Retiree (Form 336 must be notarized - do not sign until a notary can witness your signature.)

When the Retirement System Receives Your Application for Retirement, You Will Receive At Least Two Mailings As Follows: The Second Mailing: Return completed and notarized documents to the State Retirement System Remember, forms and correspondence will be sent directly to you and it is your responsibility to complete and return any forms to the North Carolina Retirement System.

To Contact The Retirement System Phone Numbers: For active employees prior to retirement, toll-free number After retirement, retiree toll-free number Fax: Website: ORBIT:Register on website for your personal retirement account details Address:Department of State Treasurer Retirement Systems Division 325 N. Salisbury Street Raleigh, NC 27611

Supplemental Retirement Vendor Info VALIC Greg Calvert, CFP, ChFC, CLU, Financial Advisor 7029 Albert Pick Rd, Suite 206 Greensboro, NC Office: (336) Fax: (336) Website: corn The Horace Mann Companies Herb Niparts 340 Holly Hill Lane Burlington, NC Office: (336) Fax: (336) Website: ING Larry HoytJerry Alford Hilisborough, NCHilisborough, NC Phone: (919) Phone: (919) Website: Prudential Margaret A. Hendershot Regional Retirement Education Manager Office: (919) Cell: (336) Website: