Conn. Agencies Regs. § 5-165-1

Current through September 27, 2024
Section 5-165-1 - Election of optional form of retirement salary
(a) An employee desiring to elect an optional form of retirement salary shall file with the retirement commission, before the commencement of his retirement salary, a written election on a form to be provided by the retirement commission.
(b) An election shall be approved immediately if the employee passes a health examination satisfactory to the retirement commission. Such health examination shall be made, without expense to the state, on a form to be provided by the retirement commission, by a physician legally licensed to practice medicine in the state of Connecticut.
(c) In other cases, the option application shall automatically be deemed to have been approved by the retirement commission three years after filing.
(d) After an election has been approved by the Retirement Commission it may not be revoked except upon the divorce of the employee and his spouse before the commencement of the retirement salary, and the fraction which the spouse is to receive may not be changed except upon the consent of the Commission, which will consider whether the proposed revocation or change would be detrimental to the State or to the Retirement Fund, and shall require evidence as to the health of the employee and/or his spouse, and may require the consent of the spouse, before making its decision. If an employee submits application for a fraction change, before approval of original application, the new application must be on file three years before the commission deems it to have been approved, or becomes effective immediately if the employee and/or spouse passes a health examination satisfactory to the retirement commission.
(e) The employee may, if he so elects, provide that the optional form shall not take effect if he is retired on account of disability.
(f) If the spouse shall die before the employee's retirement date, the election shall be void.

Conn. Agencies Regs. § 5-165-1

Effective November 5, 1975