Why is the PERSI Total Return Fund (TRF) the Default Fund?
The TRF is the default fund because you pay no investment fees for this fund. The TRF (with billions in assets) is extremely well diversified among US and international stocks, large cap to small cap funds and more to ensure as little risk as possible. These reasons make it a good introductory investment option. See PERSI Total Return Fund. Other investment options are available, and you may transfer your money at any time. Call toll-free 1-866-437-3774 or see Choice Plan Investment Options. How long does it take for my contributions to reach my account PERSI gives your employer five days from your pay date to send us a payroll report and your funds. If these reports contain errors they must be sent back to the employer. This process can take up to several days to complete. Our goal is to have your money deposited in your Choice Plan within three business days of receipt of a clean report and verifiable funds. We are working diligently to accomplish this goal and appreciate your patien
