Instructions for Former Employees That Stopped Working for MCPS Prior to January 1, 2000
In response to new Internal Revenue Service (IRS) tax code requirements, MCPS has retained a third party administrator (Retirement Manager) to manage withdrawal requests from its defined contribution plans (Plan) to ensure compliance.
Withdrawal Changes
The IRS will no longer permit former MCPS employees to "self certify" eligibility for withdrawals.
Loans
Former employees are no longer able to obtain loans from their accounts.
Former Employees Wishing to Rollover Their Account to an IRA or Take a Withdrawal Based on Separation of Service
Former employees wishing to withdrawal money must obtain a Distribution Eligibility Certificate confirming your separation from MCPS.
Access Your Account Balances and Request Distribution Eligibility Certificate
The first time an former employee accesses the site, he or she will use the "I am a New User" link to establish a password using the following information: choose Montgomery County Public Schools as your employer from the drop down list, the last four (4) digits of your social security number, last name, date of birth and MCPS employee identification number (employees separated prior to 2000 will need use their full social security number instead of their MCPS employee identification number). Once logged in you may review your account balances under the Your Retirement tab or request a Distribution Eligibility Certificate from the Distribution tab. |