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Home > Student Employee Retirement Plan changes: Here’s what you need to know

Student Employee Retirement Plan changes: Here’s what you need to know [1]

Important changes took effect Oct. 1 for people with an account under the University of Colorado’s Student Employee Retirement Plan (SERP).

Previously, a person with a SERP account could take an account distribution once they were no longer employed with the university and no longer matriculating as a student.

Now, the matriculation criteria has been removed. Students no longer employed at the university in any capacity may take a SERP distribution. This non-distribution rule applies also to former students who are currently employed by the university in any capacity, even if the former student is now employed with the university in a non-student position.

student retirement [3], serp [4]
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Student Employee Retirement Plan changes: Here’s what you need to know
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Source URL:https://www.cu.edu/blog/hcm-community/student-employee-retirement-plan-changes-here%E2%80%99s-what-you-need-know

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[1] https://www.cu.edu/blog/hcm-community/student-employee-retirement-plan-changes-here%E2%80%99s-what-you-need-know [2] https://www.cu.edu/blog/hcm-community/author/27210 [3] https://www.cu.edu/blog/hcm-community/tag/student-retirement [4] https://www.cu.edu/blog/hcm-community/tag/serp