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The South Carolina 1104 form, officially titled the Election of Non-Membership, serves a crucial role for employees within the South Carolina Retirement Systems. Designed for individuals hired by eligible employers, such as school districts and state agencies, this form allows employees to elect non-membership in the retirement system. It is essential for those who do not wish to participate in the traditional defined benefit plan or the optional defined contribution plan known as the State ORP. The form requires employees to provide personal information, including their name, Social Security number, and employment details. Importantly, the election must be made within 30 days of employment, and once an employee opts for non-membership, they cannot switch to the State ORP if that window has closed. Additionally, this form outlines specific categories of employment that qualify for non-membership, such as temporary positions or certain elected officials. Completing the form accurately is vital, as any errors could lead to delays or disqualification from non-member status. Overall, the South Carolina 1104 form is a significant document that impacts an employee's retirement options and benefits, making it imperative to understand its requirements and implications thoroughly.
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Key takeaways
- Eligibility: Only employees without funds on deposit in the Retirement Systems can elect non-membership. If you have existing funds, this option is not available to you.
- Timeliness: The decision to participate in the optional defined contribution plan, State ORP, must be made within 30 calendar days of your employment start date. Missing this window means you cannot opt for State ORP later.
- Certification Requirement: Employees must certify that they meet the criteria for non-membership. This includes providing accurate personal information and acknowledging the implications of their election.
- Employer Verification: The employer must complete Section III of the form, confirming that the employee's position qualifies for non-membership. Incomplete forms will be returned.
- Contact Information: For any questions or clarification, you can reach South Carolina Retirement Systems Customer Service at (800) 868-9002 or (803) 737-6800. Additional resources are available on their website.
South Carolina 1104: Usage Guidelines
After filling out the South Carolina 1104 form, you will submit it to your employer for verification. Your employer will then complete their section to confirm your eligibility for non-membership. Make sure all information is accurate to avoid any delays in processing.
- Section I - Employee Information: Fill in your last name and suffix in the first box. Use clear, black ink.
- In the next box, write your first and middle name. Again, print clearly.
- Provide your Social Security Number in the designated space.
- Enter your complete address, including street, city, state, and ZIP+4.
- Indicate your sex by marking either M or F.
- Fill in your date of birth in the specified format.
- Input your date of employment, which is your hire date.
- Write your position title as it appears in your job description.
- List your present monthly salary in the appropriate box.
- Section II - Employee Certification and Signature: Read the statements carefully to understand your rights and responsibilities.
- Sign and date the form in the spaces provided to certify that the information is true.
- Section III - Employment Category (to be completed by the employer): Your employer will check the appropriate box that applies to your position.
- Your employer will fill in their name, code, signature, date, title, and work telephone number.
Once completed, submit the form to your employer for processing. If you have any questions, reach out to the South Carolina Retirement Systems Customer Service for assistance.
Documents used along the form
The South Carolina 1104 form is a crucial document for employees who wish to elect non-membership in the South Carolina Retirement Systems. Alongside this form, several other documents are often required to ensure a complete and accurate enrollment process. Below is a list of related forms and documents that may be utilized in conjunction with the South Carolina 1104 form.
- South Carolina Retirement Systems Employer Manual: This manual provides detailed guidelines for employers regarding the administration of the retirement systems, including eligibility criteria and procedures for various forms.
- Form 1105 - Election of Membership: This form allows employees to elect membership in the South Carolina Retirement Systems, providing an alternative to the non-membership option available on Form 1104.
- Form 1106 - Change of Beneficiary: Employees use this form to designate or update beneficiaries for their retirement benefits, ensuring that their chosen individuals receive benefits in the event of their passing.
- Form 1107 - Retirement Application: This document is necessary for employees who wish to apply for retirement benefits once they meet the eligibility criteria established by the retirement systems.
- Form 1108 - Service Credit Purchase Application: Employees may use this form to apply for the purchase of additional service credit, which can enhance their retirement benefits based on prior employment or military service.
- Form 1109 - Disability Retirement Application: This form is for employees who are seeking disability retirement benefits due to a qualifying medical condition that prevents them from working.
- Form 1110 - Withdrawal Application: Employees wishing to withdraw their contributions from the retirement system after leaving employment must complete this form to initiate the process.
- Form 1111 - Beneficiary Designation for Death Benefits: This document allows members to specify who will receive death benefits in the event of their passing, separate from the standard beneficiary designation for retirement benefits.
- Form 1112 - Direct Deposit Authorization: This form is used by retirees or beneficiaries to authorize the direct deposit of their monthly retirement benefits into their bank accounts, ensuring timely payments.
- Power of Attorney Form: It is advisable for individuals to consider having a Forms Georgia to ensure their legal interests are adequately protected and decisions can be made on their behalf when they are unable to act.
- Form 1113 - Address Change Notification: Members must complete this form to update their address with the retirement system, which is essential for receiving important correspondence and benefit information.
Understanding these additional forms and documents is vital for employees navigating the South Carolina Retirement Systems. Each document serves a specific purpose and can significantly impact an employee's retirement planning and benefits. It is advisable for individuals to familiarize themselves with these forms to ensure they make informed decisions regarding their retirement options.
Misconceptions
Understanding the South Carolina 1104 form can be challenging. Here are some common misconceptions that people have about this form:
- Non-membership means no retirement benefits at all. Many believe that electing non-membership means they will never receive any retirement benefits. While it is true that non-members do not earn service credits, they may still be eligible for other benefits in the future.
- You can change your election after the 30-day window. Some think they can change their decision after the initial 30-day period. Once this window closes, the election is final unless there is a break in service and rehire.
- All employees can elect non-membership. Not everyone qualifies for non-membership. Only employees in specific categories, such as temporary or non-permanent positions, can make this election.
- Having funds in the Retirement Systems doesn’t affect your election. This is incorrect. If an employee currently has funds on deposit, they cannot elect non-membership.
- Non-membership is the same as opting out of retirement. While it may seem similar, non-membership is a specific choice within the retirement system. It has particular rules and implications.
- You don’t need to provide any information on the form. The form requires specific employee information. Failing to complete it properly can result in delays or rejection.
- Once you elect non-membership, you can never join a retirement plan. This is misleading. If you experience a break in service and are rehired, you may have another opportunity to elect a retirement plan.
- All employers can approve non-membership elections. Only employers who are part of the South Carolina Retirement System can verify and approve these elections.
- The form guarantees non-membership status. Completing the form does not automatically guarantee non-membership. The Retirement Systems will review the application and may deny the election if the criteria are not met.
It’s important to understand these misconceptions to make informed decisions regarding retirement options. If you have further questions, consider reaching out to customer service for assistance.