As an active member of the Connecticut Teachers' Retirement System you may elect to contribute to a Voluntary Account via Payroll Deductions on an "after-tax basis" only, subject to IRS section 415 limits.
- Authorization for Payroll Deductions (For Active Members) Payment is withheld by your employer and transmitted to CTRB on a monthly basis.
All voluntary contributions deducted from payroll before the 30th of June will be first credited or charged with the investment rate of return on the 30th of June of the following year. Investment rate of return varies from year to year and may be positive or negative.
For additional information on this topic you should obtain the Voluntary Account Information Bulletin.