Who is subject to the Section 415(b) limits?
The Section 415(b) limits became effective as of May 17, 2001, the date Act 9 was enacted. Therefore, any member who is hired or is re-enrolled after May 16, 2001, will automatically be subject to the Section 415(b) limits. Additionally, any member whose most recent period of employment began before May 17, 2001, and who elects Class T-D membership, agrees to become subject to the Section 415(b) limits. Such member, however, will receive a benefit that will not be lower than what the member would have received as a Class T-C member.
