Defined Benefit Plan Reform > General Information

Changes do not affect current retirees or members who already switched to the Defined Contribution (DC) retirement plan during the open enrollment window in 1998.

The election window is closed. Retirement reform plan changes take effect April 1, 2012.

Select your chosen election option below to learn more information. If you're not sure which election you made, log in to miAccount and look for your election choice on the Account Summary or Member Statement pages.

More information

Option 1: DB Classified. Remain in the DB plan for future service and contribute 4 percent of your annual compensation to the pension fund until you terminate employment.

Option 2: DB 30. Remain in the DB plan and contribute 4 percent of your annual compensation to the pension fund until you reach 30 years of service, and then continue service under the DC plan.

Option 3: DB/DC Blend. Become a participant in the DC plan for future service beginning April 1, 2012.

Questions?

We've answered most of your questions in our Frequently Asked Questions; click here to read the FAQs.