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Can a pensioner opt out of the SDB Plan?

April 26, 2017opt Pensioner Plan SDB

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Can a pensioner opt out of the SDB Plan?

1 Answer

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Yes, a pensioner can opt out of the SDB Plan by contacting DCFPS in writing only. However, a pensioner cannot be reinstated as a SDB participant at a later date, and there would be no refund of premiums.