Refunds of Accumulated Contributions

A copy of the member’s social security card and driver’s license (or other government issued ID) must be submitted with the completed MERS form titled “Application for Refund of Member Contributions.” The processing of the member’s refund will be delayed if the identification documents are not received with the application.

For a direct refund to a member, one of the following must be attached:

         a.        A voided check (pre-printed) for a checking account in the member’s name
         b.        Bank issued direct deposit form.
         c.        A voided deposit slip (pre-printed) for a savings account in the member’s name

The account number and routing number of the financial institution must be provided in Section 4 on page 3 of the form.

Alternatively, for a rollover of the refund of sheltered contributions, a financial institution must complete Section 6 on page 4 of the form.