Page 33 - Public Employees Retirement Fund My Choice Plan Member Handbook for Local Government Employees
P. 33
• These distributions are for a limited time only.
6.4 Staying Invested
When you leave covered employment, you may leave your DC and Rollover Pre-Tax Contributions funds invested with PERF My Choice and may continue to invest in any of the available options. If you have been inactive for 5 years (beginning July 1, 2016) with no wage and contribution reporting your account will be suspended. Your suspended account will remain invested per your investment elections.
6.5 Loans
Loans from PERF My Choice are not permitted at this time.
Withdrawals, Distributions, and Loans
Public Employees Retirement Fund My Choice Plan Page 33 of 50 Member Handbook for Local Government Employees
Effective: 07/01/2020
