If I accept an ABP-eligible position and am already a member of TPAF or PERS, must I waive my benefits under TPAF, PERS, or ABP and enroll in ABP or PERS as a result of that employment?
No. A current TPAF or PERS member may leave an existing TPAF or PERS account intact and enroll in a separate ABP account. Nothing prevents the TPAF or PERS member from leaving the TPAF or PERS account open in a non-contributory state; perhaps with the expectation of returning to TPAF- or PERS-eligible employment before that retirement account expires in two years as a result of inactivity. However, a part-time lecturer must make this election within 30 days of beginning employment in an ABP-eligible position or lose the ability to do so. Individuals may need to keep a TPAF or PERS account open and enroll in ABP. This is required if the individual continues to render service through employment in a TPAF- or PERS-eligible position.
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