960 CMR, § 3.07

Current through Register 1533, October 25, 2024
Section 3.07 - Fund Transfers
(1) Any deferred compensation programadopted hereunder shall provide for transfers of employee funds to and from other such plans upon separation of an employee's service and employment with another employer having a deferred compensation program hereunder.
(2) Any transfers as described in 960 CMR 3.07(1) may be invested in any investment option available under another such plan, at the direction of the employee.
(3) To the extent permitted by the terms of any contract between the treasurer and any funding provider in the deferred compensation program, participants may elect to transfer funds from one investment option to another within a given plan.

960 CMR, § 3.07