PROSPECTIVE TRANSFER - D TO E
On a Prospective Transfer from Plan D to Plan E, you retain all of your Plan D service credit, and you begin earning Plan E service credit on your effective date of transfer. As of that date, you are no longer required to pay monthly contributions toward your future retirement. When you are ready to retire and meet the eligibility requirements, you will receive a combined Plan D and Plan E retirement benefit.
- Your effective date of transfer is the first day of the month that is at least 30 days from the date LACERA receives your completed Prospective Transfer Election Form
- When your transfer is effective, you will not be eligible to transfer back to Plan D for three years from your effective date of transfer to Plan E
- Once you elect a Prospective Plan Transfer, you may not elect an Open Window Transfer
HOW TO TRANSFER
- Complete the Prospective Transfer Election Form and return it to LACERA in the envelope provided.
- LACERA will notify you by mail of your effective date of transfer.
8/14/06
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