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1009 STATE of CONNECTICUT OFFICE of the STATE COMPTROLLER RETIREMENT SERVICES DIVISION Option a 50% Spouse PART I GENERAL INFORM
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People also ask
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Do CT State employees have life insurance?
The state offers two group life insurance plans, a basic plan and a supplemental plan outlined below. Additional supplemental universal and term life insurance options are also available and explained on Page 9.
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Can a spouse collect spousal benefits before a spouse retires?
Bottom Line. While it is possible to collect spousal Social Security benefits before your spouse retires, there are specific eligibility requirements and potential reductions to consider.
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What are the death benefits for CT employees?
Under current rules, the minimum survivor annuity is 50% of the overall monthly pension at retirement (prior to the division by QDRO); the maximum survivor annuity is 100%. The survivor benefit is paid for the life of the named beneficiary, starting at the post-retirement death of the state employee.
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What is the basic employee death benefit?
A lump sum payment plus 50% of your annual pay or average pay (whichever is higher) is given as a basic employee death benefit (BEDB). If you had at least 10 years of service, your spouse may also receive a survivor benefit equal to 50% of your earned annuity.
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What benefits do you get when someone dies?
Learn about benefits you may be entitled to following the death of a family member. These may include military benefits, COVID-19 funeral benefits, survivor benefits for housing, education, and more.
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How long do you have to work for the state of CT to get a pension?
You will have earned a permanent vested right to a retirement benefit if you have at least 5 years of actual state service or 10 years of vesting service at the time you leave.
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What is the death benefit in CT?
The maximum family survivorship benefit is $1,500.00 monthly. A one-time lump sum death payment of up to $2,000 maximum (dependent on length of service) will be paid to your surviving spouse. If there is no surviving spouse, such payment will be issued to the person who paid the funeral expenses.
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What is the full retirement age in CT?
The full retirement age is 66 if you were born from 1943 to 1954. The full retirement age increases gradually if you were born from 1955 to 1960 until it signNowes 67. For anyone born 1960 or later, full retirement benefits are payable at age 67.
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