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What changes go into effect in February 2018?
Employees hired after September 4, 2012 who elected the DC plan will begin receiving a new employer match – 100% match up to 3% from the employer. Employees who will first work on or after February 1, 2018 will have the option to elect Pension Plus 2 or the DC plan. If the employee does not make an election (defaults), they will be placed in the DC plan.
Created 8/7/2017