Prudential Retirement State Of Ct Phone Number

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Options After Employment Ends

Mint Insurance Conclave 2019
  • Keep your money in the plan. You can continue to take advantage of the Island $avings Plan’s benefits and services until age 72, when you must start taking federally required minimum distribution payments, unless you are still employed.
  • Take a partial or total distribution of your account balance.
  • Receive regular installment payments from your account.* This enables your remaining balance to continue to work for your future.
  • Roll over to another employer’s retirement plan or an IRA.
  • Purchase an annuity with some or all of your account balance.

To request a distribution, log in to your account and select “Withdrawals,” or call 888-71-ALOHA . Participant Service Representatives are available Monday through Friday, 2:00 a.m. to 3:00 p.m. HST or 3:00 a.m. to 4:00 p.m. HST . Important: Distributions may be subject to restrictions, taxes, and penalties. You should talk with your tax advisor or financial planner before deciding how to take a distribution. * In the event of your death, your beneficiary will receive the distribution.

1038383-00003-00

State Employees’ Retirement System Hybrid Plan

The HYBRID Plan is a contributory defined benefit plan with a cash-out option available to new employees after July 1, 2011. Employees enrolled in this plan contribute 8% of their salary. The defined benefit is identical to TIER III, and the cash-out option includes a 5% employer match with 4% interest. Employees are vested* after ten years of service in the plan.

Locations: Bridgeport Farmington Middlesex County New Haven County Stamford

Giancarlo DiRomaLead Retirement Counselor860-819-6972 |

PhilosophyEstablishing trust and guiding Connecticut’s public employees in the right direction toward a secure retirement is not just my job, it is my passion. Knowing that I can have a positive impact with every individual I meet is extremely rewarding.

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Locations: Hartford County Litchfield County Newington Wethersfield

Jonathan Cheverie 461-8644 |

PhilosophyFirst and foremost, I believe planning for retirement should be fun. We need to overcome the concerns that we may have started too late, or may not have enough. In fact, we should be positive knowing that we can empower ourselves to start saving now and to set achievable goals along the way. Let’s work together to create a game plan that will prepare you for retirement.

Questions About Your Retirement Strategy

Prudential Retirement closes $1.7 billion in new longevity ...

The State of Vermont offers you access to a retirement counselorat no cost to you.

From enrolling to developing an income strategy, they can help you:

  • Understand how your current retirement plan balances translate into retirement income
  • Determine how much to contribute to the deferred compensation plan to close any gap you may have in retirement income
  • Understand your investment options to meet your goals and risk comfort
  • Consolidate outside retirement assets
  • Maximize your Social Security benefit
  • Understand your distribution options

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Deferred Compensation 457 Plan

Who is eligible? Any State employee or any individual performing paid services for the State either by appointment or election, except rehired retirees and nonresident aliens.

Should you have questions or need assistance enrolling online in the State of Connecticut 457 Plan, please contact your Dedicated Retirement Counselor for assistance.

How Can We Help You

The descriptions below may help you identify your dental network.

A preferred dental program covers any licensed dentist/specialist, but if you choose an in-network provider, costs are typically lower.

PDP Plus

This preferred dental program is the same as PDP, but with a larger group of in-network dentists/specialists to choose from.

Dental HMO/Managed Care

A Dental Health Maintenance Organization or Managed Care, covers in-network providers only, and you must choose a primary care dentist for all services. Available in CA, FL, NJ, NY, TX.

MetLife EPO Network

The MetLife Exclusive Provider Organization contains features similar to PDP & DHMO. You must see an in-network EPO provider to utilize dental benefits. However, you do not need to select a primary care dentist. Available in CA.

Federal Dental

This preferred dental program is also the same as PDP, but only available to certain Federal government employees.

Still not sure of your network?

Log in to MyBenefits and well fill it in automatically when you search for a dentist.

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Log In To Your Account

View account details, customized planning tools and more.

Retirement Counselors are registered representatives of Prudential Investment Management Services LLC , Newark, NJ, a Prudential Financial company.

This material is intended to provide information only. This material is not intended as advice or recommendation about investing or managing your retirement savings. By sharing this information, Prudential Retirement® is not acting as your fiduciary as defined by the Department of Labor or otherwise. If you need investment advice, please consult with a qualified professional.

Retirement products and services are provided by Prudential Retirement Insurance and Annuity Company , Hartford, CT, or its affiliates. PRIAC is a Prudential Financial company. Prudential Retirement is a Prudential Financial business.

Retirement Counselors are registered representatives of Prudential Investment Management Services LLC , Newark, NJ, a Prudential Financial company.

* Registered Mutual FundsAll investing involves various risks including the possible loss of principal. You can lose money by investing in securities.

A target date fund should not be selected based solely on age or retirement date. Participants should carefully consider the investment objectives, risks, charges and expenses of any Fund before investing. Funds are not guaranteed investments and the stated asset allocation may be subject to change. It is possible to lose money by investing in securities.

State Employees Retirement System

Participant Liquidity: A Key Benefit of Stable Value Funds

The State Employees Retirement System consists of several defined benefit plans, listed below. The plan available to employees is dependent on the date of hire.

Tier IV – a contributory plan that is available to employees who were first hired on or after July 1, 2017.

Tier III – a contributory plan that is available to employees who were first hired on or after July 1, 2011.

Tier IIA – a contributory plan that is available to employees who were first hired on or after July 1, 1997.

Tier II – a non-contributory plan that covers employees who were first hired and chose the SERS after July 1, 1984 and up to June 30, 1997.

Tier I – a contributory plan that covers employees who were first hired and chose the SERS on or before July 1, 1984.

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