Withdrawal options - Unclassified Retirement Plan only
The funds you and your employer have contributed to your Unclassified Retirement Plan are not available for withdrawal until you leave state service. Once you end state service, you have several options to consider. You may leave your money in the Unclassified Plan, or you can select from various withdrawal options.
Service credit -- or allowable service -- is the credit you earn each month retirement deductions are withheld from your salary. Service credit does not impact your monthly retirement benefit if you elect benefits under the Unclassified Retirement Plan. However, if you convert to the General Employees Retirement Plan, service credit is an important part of how we determine your retirement benefit.
To learn more about the options below, see the Unclassified Retirement Plan handbook.