Effective July 1, 2019, as a new employee, you have 60 days from your date of hire to choose between two retirement options – the TRF Hybrid plan (defined benefit plus a defined contribution account) or the My Choice: Retirement Savings Plan. If you do not choose within 60 days, you will default into the Hybrid plan. Your choice, or default, is irrevocable so please make an informed decision.
To help you decide what plan might be best for you, please review the resources below. Our counselors can help explain the differences between the two plans; however, they cannot provide a recommendation on which plan to select. You may want to consult your tax advisor for specific financial impacts on selecting one plan over another.
Which option is right for you? (Side-by-side comparison chart)
This chart lists the similarities and key differences of the plans in a one-page side-by-side format.
At a Glance sheets
One-page summaries of each plan, these sheets provide more detail about plan specifics.