Supplemental Benefit Retirement Plan (SBRP)
Overview and steps for initiating and requesting a Supplemental Benefit Calculation
For complete information, review the following documents and websites: SBRP Summary Plan Description,
SBCTC 401(a) Plan Document, and http://www.sbctc.edu/college/_hr-benefits-connection-SBRP-Benefit.aspx.
Step one – employee or employer initiated
Supplemental Benefit Calculation Packet – Part One
• Section I – Notice of Intent to Retire (employee or employer initiated): This form begins the request for
a supplemental benefit calculation:
o It should be completed while the employee is an active participant in the SBRP (making
contributions through employment), preferably within two weeks of retirement.
o Although the employer may complete this packet, the retiree’s signature is required before
proceeding.
• Section II – Benefit Options Selection and Beneficiary Designation (employee must fill out): If your
retiree selects “Two-thirds Benefit to Survivor” or “Full Benefit to Survivor,” and the designated
beneficiary is someone other than a spouse, they must fill out the Beneficiary Designation.
Step two – employer initiated
Supplemental Benefit Calculation Packet – Part Two
You may return this section with Part One, or within one month of the employee’s retirement date.
• Section III – Calculation Worksheet: If you attach your own worksheet, you must fill out the requested
information.
• Section IV – SBCTC Questions and Calculation Worksheet Instructions
Step three – employer initiated
Mail the original forms and, if applicable, the Washington State Department of Retirement System’s single life
income option document to the SBRP Plan Administrator, 1300 Quince Street SE, Olympia, WA 98504.
Step four – SBCTC initiated
Benefit Offset Calculation
Once SBCTC receives the Notice of Intent to Retire form, a benefit offset calculation is requested from TIAACREF. This packet provides SBCTC with information regarding the retiree’s contributions, assumed retirement
annuity income, and the survivor income options from the lifetime annuities, such as single life option. At this
time, the college will be notified of the Human Resource Consultant (HRC) assigned to the retiree’s case.
Step five – SBCTC initiated
SBRP Supplemental Calculation
Once the State Board receives the Supplemental Benefit Calculation Packet – Parts One and Two, the assigned
HRC conducts a calculation of the information provided and will determine qualifications.
Supplemental Benefit Letter of Decision
A letter of decision will be mailed to the retiree from the Deputy Executive Director of Human Resources and a
copy will be e-mailed to the initiating college.
Incomplete and outdated forms will be returned to the initiating college, causing a delay in the retiree’s
supplemental benefit decision. Make sure all required fields on each form are filled out and a N/A (not
applicable) placed in sections that aren’t relevant. For more information about the supplemental benefit
process, contact Pam Kelly pkelly@sbctc.edu (360) 704-4301 or Christine Salvador csalvador@sbctc.edu (360)
704-4305.
Overview and Steps
Supplemental Benefit Calculation
State Board for Community and Technical Colleges
1300 Quince St SE, Olympia, WA 98504
August 2014