Mpera Directions 2002 Mar
Mpera Directions 2002 Mar
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All members must complete this form, within their applicable twelve-month window, by electing to remain in the Defined Benefit Retire- ment Plan (DBRP) or to transfer to the Defined Contribution Re- tirement Plan (DCRP). After you complete the election form, you must send it to the MPERA.
A copy of the election form and confirmation will be returned to you for your records. If you transfer to the DCRP, you will also be notified of the effective date of your election and your investment options....
n Is it possible to be in both plans?
A No, you must choose ei- ther the Defined Benefit Retirement Plan or the Defined Contribution Retirement Plan.
You may not participate in both plans at the same time.
/^ If I elect to transfer to the Defined Contribu- tion Retirement Plan, how much is transferred?
A The following contribu- tions will transfer: - your regular employee contri- butions - plus 8% compounded annual interest, and - a portion of the employer con- tributions, based on your years of service - plus 8% com- pounded annual interest.
What to read after Mpera Directions 2002 Mar?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Public Employees' Retirement Board to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
All members must complete this form, within their applicable twelve-month window, by electing to remain in the Defined Benefit Retire- ment Plan (DBRP) or to transfer to the Defined Contribution Re- tirement Plan (DCRP). After you complete the election form, you must send it to the MPERA.
A copy of the election form and confirmation will be returned to you for your records. If you transfer to the DCRP, you will also be notified of the effective date of your election and your investment options....
n Is it possible to be in both plans?
A No, you must choose ei- ther the Defined Benefit Retirement Plan or the Defined Contribution Retirement Plan.
You may not participate in both plans at the same time.
/^ If I elect to transfer to the Defined Contribu- tion Retirement Plan, how much is transferred?
A The following contribu- tions will transfer: - your regular employee contri- butions - plus 8% compounded annual interest, and - a portion of the employer con- tributions, based on your years of service - plus 8% com- pounded annual interest.
What to read after Mpera Directions 2002 Mar?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Public Employees' Retirement Board to read onlineMoreLess
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