With Borders

No Borders

Required Minimum Distribution Rule

As a vested member, you must begin receiving required minimum distributions by April 1 of the calendar year following the year you turn age 72 or the year you separate from service, whichever is later.

As a non-vested member, once you are eligible to receive a refund of contributions due to your termination of employment, you are required to receive a distribution on April 1 of the calendar year following the latter of the year in which you reach either age 72 or the year in which you separate from service. If you have not already completed a Form 2A prior to that deadline, CERF will automatically make a distribution to you and withhold 20% from the pre-tax contributions for federal income tax purposes.