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Enrollment

You may elect to participate in the State of Connecticut Alternate Retirement Program (Plan) if you are an unclassified employee at any of the units of the state system of higher education or central office staff of the Department of Higher Education. You must elect to participate within six months from your date of employment. While you have six months to elect to participate, your retirement benefits will not begin to accrue until your first contribution into the Plan. You cannot elect to have your contributions made retroactively. To have contributions commence on your first day of employment, you are strongly encouraged to make your retirement election before or on your date of employment. Your election to participate in the Plan is irrevocable.


The State of Connecticut Alternate Retirement Program Enrollment Process:

Step 1
– Obtain The State of Connecticut Designation of Retirement System – Tier-Plan-Beneficiary (Form C0-931) from your Human Resources Department.

Step 2
- Contact ING at 1-800-784-6386 to obtain The State of Connecticut Alternate Retirement Program Information Package. ING Representatives are available to assist you if you need additional information or assistance enrolling in the Plan.

Step 3
- Review The State of Connecticut Alternate Retirement Program Information Package to determine if enrolling in the Alternate Retirement Program is right for you.

Step 4
– If you decide to enroll in the Alternate Retirement Program, complete The State of Connecticut Designation of Retirement System – Tier-Plan-Beneficiary (Form C0-931) and return the form to your Human Resources Department.

Step 5
– Complete the ING Beneficiary Designation Form to designate a beneficiary or beneficiaries under the Alternate Retirement Program. Return your Beneficiary Designation Form to ING at the following address:

ING Life Insurance and Annuity Company
One Orange Way
Windsor, Connecticut 06095-4774
Fax: 800-643-8143

Step 6
- Once you enroll, your contributions will automatically be invested in the Connecticut Stable Value Fund. You will receive an enrollment confirmation that confirms your personal account information and “default” Personal Identification Number (PIN). For your protection, we encourage you to change your PIN immediately by calling ING’s 24 toll-free touch-tone Voice Response System at 1-800-584-6001.

Step 7
– Once you receive your enrollment confirmation, you may make changes in the way your current account balance is invested or your future contributions are invested. This can be done through Account Access Online or by contacting our Customer Service Center at 1-800-584-6001.

 

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Insurance products issued by ING Life Insurance and Annuity Company (ILIAC). The 403(b)(7) is a series of mutual funds offered through a custodial account with ING National Trust.Seminars and securities offered through ING Financial Advisers, LLC (member SIPC), One Orange Way, Windsor, CT 06095-4774, or other broker-dealers with which ILIAC has selling agreements.