A Plan is a defined benefit plan which is fully funded on an actuarially reserve basis. There is a minimum of 5 years of vesting service required to be eligible for retirement benefits. All vesting service is not credited service. Vesting service determines your eligibility for benefits. Credited service determines the amount of your benefit at retirement.
All employees are eligible for group life insurance by payroll deduction.
The State of Connecticut shares the cost of this group term insurance. If you enroll during your first six months of employment, coverage is guaranteed. You will be required to prove insurability to enroll after that. Your insurance coverage will begin on the first day of the month following one year of continuous service. The Connecticut State University System pays the full cost of this insurance.