New DCP Refund Application for Active DCP Employees

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New DCP Refund Application for Active DCP Employees

2018 legislation allows members at least age 65 to take a refund of their Defined Contribution Plan (DCP) while employed by a Minnesota public employer. The minimum DCP distribution for a full or partial withdrawal is $5,000.  DCP accounts with balances under $5,000 are not eligible for a refund. Members are allowed one withdrawal each calendar year. Please review the DCP Refund Application, which is located under the Forms section on our website, for more information.

 

DCP Refund Application