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What if I currently participate in the FICA Alternative Plan with MetLife or TIAA-CREF?

April 26, 2017alternative Currently FICA MetLife participate Plan tiaa-cref

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What if I currently participate in the FICA Alternative Plan with MetLife or TIAA-CREF?

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If you currently participate in the MetLife 403(b) FICA Alternative Plan, you will automatically be switched to the DISD 457(b) FICA Alternative Plan through PARS on January 1, 2005. Your MetLife account will be frozen and you will be eligible to receive a distribution when you leave the DISD or have another event that qualifies for a distribution under the MetLife Plan. If you currently participate in the DISD 457(b) FICA Alternative Plan through TIAA-CREF, you will be automatically switched to the DISD 457(b) FICA Alternative Plan through PARS on January 1, 2005 and your account balance will be transferred to the PARS Plan early in 2005.