Current through Register 1538, January 3, 2025
Section 11.16 - Member ContributionsAn eligible employee in the Optional Retirement Program:
(1) Shall not be required to make contributions to the State Employees' Retirement System.(2) Shall contribute to the Program an amount equal to the contribution the employee would have made to the State Employees' Retirement System.(3) May direct the amount of the accumulated total deductions and interest from the State Employees' Retirement System to the employee's Optional Retirement Program Account.(4) May direct the amount of the accumulated total deductions and interest from the State Employees' Retirement System to remain in the State Employees' Retirement System.