1.What are my options if I terminate employment before I am
eligible to retire?
Please refer to our page Leaving
Before Retirement page.
2.How long does it take to get a refund of my contributions?
You have to be off of payroll for at least three consecutive pay
periods. Most refund checks are issued about 60 days after an
3.How do I Select a Termination Option?
To elect any of these options you must complete and submit the
required MercedCERA form. Please contact MercedCERA at
209-726-2724 or your payroll clerk for a copy.
4.How much time do I have after separation to establish
Please know that for reciprocity, you must join the retirement
system of your new employer within 6 months after your
termination date. If your entry into that system happens later
than 6 months post termination then you are not eligible to
5.Can I withdraw my contributions at a later date if I have
No. If you choose a deferred retirement with reciprocity your new
employer may base your contributions to its retirement system on
your MercedCERA entry age. If you make this choice you cannot
later change your mind and have your contributions and interest
refunded from MercedCERA; that restriction will be in place as
long as you are covered by a reciprocal arrangement.
6.Is the 20% federal income tax withholding mandatory for lump
sum return of contributions?
7.Is there a state income tax withholding that is mandatory for
lump sum return of contributions?
8.If I choose a deferred retirement when can I retire?
You may retire when you have attained the minimum age for
retirement and when you would have reached sufficient years of
service, based on your tier, had you remained a full time
9.If I choose a deferred retirement and later change my mind can
I withdraw my contributions?
Yes, as long as you have not established reciprocity you may
withdraw your contributions at any time. Please keep in mind that
if you choose to withdraw your contributions you forfeit any
rights to a service or disability retirement at a later date.