Do all OPSRP members, including Tier One and Two PERS members, need to serve a new waiting period before contributions begin?
• An eligible employee who is employed in a qualifying position on or after August 29, 2003, by a public employer that is participating in OPSRP and who will not receive benefits under the PERS Chapter 238 (Tier One Tier Two) plan becomes an OPSRP Pension Program and IAP member upon completion of a probationary period of six full calendar months of employment for the same employer • If the employer only participates in the OPSRP IAP, the employee becomes a member of IAP. • If the employer only participates in the OPSRP Pension Program, the employee becomes a member of OPSRP Pension Program. • If the employer participates in both programs, the employee becomes a member of the OPSRP Pension Program and the IAP.
Related Questions
- Do all OPSRP members, including Tier One and Two PERS members, need to serve a new waiting period before contributions begin?
- What does the Strunk decision mean for some PERS retirees and benefit recipients who were Tier One members?
- IS THERE A WAITING PERIOD FOR NEW MEMBERS BEFORE ATTENDING THE PANTRY?
