What happens to my University of California Retirement Plan (UCRP) if I separate but don’t retire?
If you are vested (have five or more years of UCRP service credit), your retirement account remains with UC until you choose to retire at some date in the future. • Before considering the Voluntary Separation Program, I’d like to know what my retirement income would be. How can I get that information? There are three ways to get an estimate of your retirement benefit: • Log on to At Your Service Online to see a personalized estimate of basic retirement income and lump sum cash out based on your current payroll data. • Use the Retirement Plan Benefit Estimator to estimate your retirement benefit based on data you collected from At Your Service Online. • You can read the Retirement Handbook for additional information. • What happens to my Capital Accumulation Provision (CAP) benefit? If you retire, you must take a distribution or rollover of your CAP benefit. If you leave UC employment but remain an inactive member of the UC Retirement Plan (UCRP), you may take a portion or all of your C
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- What happens to my University of California Retirement Plan (UCRP) benefits if I separate but don retire?
- What happens to my University of California Retirement Plan (UCRP) if I separate but don’t retire?
