ORSSCHOOLS - Plan-to-Plan Transfer and a TDP

ORS Public School Employees Retirement System

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	Plan-to-Plan Transfer and a TDP

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Purchasing with a Plan-to-Plan Transfer and a TDP

Glossary of Terms

You can combine methods of payment to purchase service credit. However, if you plan to purchase some service credit using a plan-to-plan transfer and some through tax-deferred payment (TDP) deductions, complete the transfer before you enter into a TDP agreement. The TDP agreement can only be for the remaining service credit after the transfer is complete.

If you are terminating or retiring before your TDP agreement is paid in full, you may be able to apply a plan-to-plan transfer to your TDP balance.
Grandma and Grandson

The retirement plan information that appears on this website is intended to summarize basic provisions of Public Act 300 of 1980, as amended.
Current laws, rates, and factors are subject to change. Should there be discrepancies between the information reflected here and the actual law,
the provisions of the law govern.