Page 26 - Public Employees Retirement Fund My Choice Plan Member Handbook for Local Government Employees

Investment Options
464-6777). For TDD call 1-800-579-5708. CSRs are available weekdays (excluding weekends and state- designated holidays) from 8 a.m. to 8 p.m. ET.
You can choose from several available options. Upon enrollment in PERF, you are enrolled in the Target Date Fund based on the projected date you would be eligible for retirement. Your funds will continue in this investment option until you make another selection.
You direct INPRS to invest a portion of your account (present balance and future contributions) into any or all of the investment funds in at least one percent increments. Or, you can invest current contributions and new contributions separately. This means you can direct both current and future contributions, or leave current balances as they are and direct future contributions only.
PERF My Choice: Retirement Savings Plan allows you to manage your DC and Rollover Pre-Tax Contribution funds with self-directed investment options. You may decide how to invest the contributions posted to your account and choose any one or more of the eight funds available through PERF:
▪ Fixed Income Fund
▪ Inflation-Linked Fixed Income Fund
▪ International Equity Fund
▪ Large Cap Equity Index Fund
▪ Money Market Fund
▪ Small/Mid Cap Equity Fund
▪ StableValueFund
▪ Target Date Funds (including the Retirement Fund)
You will be able to view the daily value of your money in your My Choice: Retirement Savings Plan. You will also be able to make changes to your investment allocations on a daily basis.
Stable Value Fund
The Stable Value Fund is an investment option for PERF and TRF members. If you had funds in the Guaranteed Fund and did not elect to move those funds to other options prior to January 1, 2017, your Guaranteed Fund money was moved to the Stable Value Fund at that time. See the Stable Value Fund Fact sheet on the INPRS website for details. You may change your investment elections at any time by accessing your account at myINPRSretirement.org.
Target Date Funds
Target Date Funds are the default fund for new members who have not elected other fund options. The goal of Target-Date Funds is to be a "one-stop shop". Target Date Funds consider the year in which we project you to retire in order to provide appropriate risk diversification. See the Target Date Funds Fact sheet on the INPRS website for details. You may change your investment elections at any time by accessing your account at myINPRSretirement.org.
Retirement Fund
The Retirement Fund contains your DC and/or RSA contributions in the situation where you elected a Target Date Fund, but did not retire by the time you reached your chosen Target Date Fund year. At any
Public Employees Retirement Fund My Choice Plan Page 26 of 50 Member Handbook for Local Government Employees
Effective: 07/01/2020