Form Et 0868 0812 PDF Details

In order to ensure your business's compliance with state and federal laws, it is important to understand the different types of tax forms your company may be required to file. Form Et 0868 0812 is one such form, used for reporting payment of withholding taxes. This article will provide a brief overview of the form and its usage. For more detailed information, please consult your tax advisor or state revenue agency. Thank you for your interest in this topic!

QuestionAnswer
Form NameForm Et 0868 0812
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other nameset0868 tpaf tier to tier transfer form

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ET-0868-0812

NEW JERSEY DIVISION OF PENSIONS AND BENEFITS

TIER-TO-TIER TRANSFER FORM

See reverse side for instructions on completing this form.

PO BOX 295

TRENTON, NJ 08625-0295

 

 

INDICATE RETIREMENT SYSTEM:

 

 

Public Employees’ Retirement System (PERS)

Teachers’ Pension and Annuity System (TPAF)

 

Police and Firemen’s Retirement System (PFRS)

 

 

 

 

 

THIS SECTION TO BE COMPLETED BY THE MEMBER:

 

 

1.

Social Security Number:__________________________ 2. Pension Membership Number: _____________________

3.

Name:________________________________________________________________________________________

 

Last

First

Middle

Maiden

4.

Address:______________________________________________________________________________________

 

 

Street

 

 

 

_________________________________________________________________________________________

 

City

State

 

Zip Code

5.

Daytime Telephone: ___________________________________

 

 

 

Area Code

Number

 

 

 

 

 

 

INACTIVE MEMBERSHIP:

 

 

 

6.

Inactive Pension Membership Number:______________________________________

 

7. I Certify that I:

Resigned

Was dismissed with no appeal pending Was dismissed with appeal pending Was laid off

CHECK ONE

from my position as _____________________________________________________________

Title of Position

8. Date of Termination: _____/_____/_____ 9. Membership Tier of inactive membership:_____________________

Month Day Year

 

 

 

ACTIVE MEMBERSHIP:

 

10. New Employer:________________________________________________________

_______________________

New Employer Name

County

11. Membership Tier under current (active) membership:_________________________

I hereby apply for the transfer of my inactive membership to the active Membership Tier indicated above and authorize payment of the withdrawal value of my account be made to that new Membership Tier subject to the statutes, rules, and regulations of the retirement system. The transfer shall include all eligible pension service credit and corresponding pension contributions.

I understand that once my Tier-To-Tier Transfer Form is submitted to the Division of Pensions and Benefits, I cannot change my decision to transfer.

I understand that prior to submitting this form, I have the right to request a retirement estimate based on my inactive pension membership.

By signing the Tier-To-Tier Transfer Form, I understand that I am irrevocably waiving all rights to any benefits provid- ed to me under my inactive pension membership.

Signature of Applicant___________________________________________________ Date _____________________

INSTRUCTIONS

The Tier-To-Tier Transfer Form is to be completed for any vested member who has an inactive pen- sion membership account and wishes to transfer the pension service credit from their inactive vested membership to their current active pension membership in the same retirement system. The member’s pension service credit will transfer as long as the member has not withdrawn from the vested account.

Notes on Question #7 regarding your inactive membership account:

If you were dismissed from your position and are in the process of appealing that dismissal, you cannot complete the transfer until a decision has been rendered or your appeal is withdrawn.

If your position was abolished due to a layoff or a reduction in force, your employer must notify the Division of Pensions and Benefits in writing, and your membership in the fund can remain inactive for a maximum of ten years (five years for PFRS members).

Your membership will not end two years after your last contribution if you are granted an official leave of absence (the two-year period begins at the end of the leave of absence).

Extensions are not automatic. You must provide the Division of Pensions and Benefits with sup- porting documentation from your employer that evidences layoff, the abolishment of your position, or extension of a leave of absence.

For additional information regarding “Membership Tiers” (Questions #9 and #11), please see the Division’s Web site.

TPAF and PERS members visit: www.state.nj.us/treasury/pensions/pdf/chapt89-pers-tpaf-charts.pdf

PFRS members visit: www.state.nj.us/treasury/pensions/epbam/exhibits/handbook/pfrsbook.pdf

If your membership has been withdrawn, you cannot transfer any service credit from the old member- ship; you may, however, be eligible to purchase the prior pension service credit rendered under the for- mer membership (see Fact Sheet #1, Purchasing Service Credit (PERS, TPAF & PFRS) available on the Division’s Web site at: www.state.nj.us/treasury/pensions/fact-sheets.shtml

Please forward this completed form to:

Enrollment Section

Division of Pensions and Benefits

PO Box 295

Trenton, NJ 08625-0295

THE MEMBER SHOULD ENSURE THAT ALL ITEMS ARE COMPLETE

PRIOR TO SUBMISSION OF THIS FORM.

IF ANY ITEMS ON THIS FORM ARE INCOMPLETE OR LEFT BLANK

PROCESSING WILL BE DELAYED.