District of Columbia Teachers Retirement Plan

By United States Department of the Treasury

Book Id: WPLBN0000696086
Format Type: PDF eBook:
File Size: 0.4 MB
Reproduction Date: 2005

Title:	District of Columbia Teachers Retirement Plan
Author:	United States Department of the Treasury
Volume:
Language:	English
Subject:	Government publications, Economics., United States. Department of the Treasury--Appropriations and Expenditures.
Collections:	Government Library Collection, U.S. Department of the Treasury Collection
Historic Publication Date:
Publisher:	United States Department of the Treasury


Citation APA MLA Chicago States Department Of The Treasury, B. U. (n.d.). District of Columbia Teachers Retirement Plan. Retrieved from http://self.gutenberg.org/

Description
Government Reference Publication

Excerpt
Excerpt: This booklet is a summary of your retirement plan. The full text of the plan is contained in Title 38 of the Code of the District of Columbia. The Treasury Department has also issued regulations pertaining to this plan in the Code of Federal Regulations (C.F.R.), at 31 C.F.R. Part 29. If there is any conflict between the information in this summary and the D.C. Code or Federal Regulations, the plan terms in the D.C. Code and Federal Regulations will always govern.

Table of Contents
Table of Contents Fast Facts About Your Retirement Plan . . . . . . . . . . . . . . . . . . . . . . . . . . .4 Your Retirement Plan At-A-Glance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5 Eligibility for a Retirement Benefit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5 Retirement Plan Participation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .6 Public Charter Schools . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .6 Your Retirement Fund Contributions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7 Your Mandatory Contributions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7 Your Voluntary Contributions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7 Service Contributions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8 Your Contributions At-A-Glance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8 Life Events . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .9 If You Marry . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .9 If You Divorce . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .9 If You Take a Leave of Absence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .10 If You Become Disabled . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .10 If You Leave the DCPS System . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .11 If You Return to Work Before Retirement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .11 If You Return to Work After Retirement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .12 If You Die . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .12 Order of Precedence for Survivor Benefits . . . . . . . . . . . . . . . . . . . . . . . . . . . . .13 Types of Retirement Benefits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .14 Retirement Benefits At-A-Glance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .14 Voluntary Retirement Benefit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .14 Involuntary Retirement Benefit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .14 Deferred Retirement Benefit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .15 Disability Retirement Benefit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .15 How Your Retirement Benefit is Calculated . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .17 Your Average Salary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .17 Your Years of Service . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .18 Credited Service . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .18 Calculating Your Voluntary Retirement Benefit . . . . . . . . . . . . . . . . . . . . . . . . . .20 Calculating Your Involuntary Retirement Benefit . . . . . . . . . . . . . . . . . . . . . . . . .21 Calculating Your Deferred Retirement Benefit . . . . . . . . . . . . . . . . . . . . . . . . . . .21 Calculating Your Disability Benefit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .21 Cost of Living Adjustments (COLAs) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .23 Survivor Benefits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .24 Survivor Benefits At-A-Glance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .24 Pre-Retirement Survivor Benefits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .24 After-Retirement Survivor Benefits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .27