Mo. Code Regs. tit. 16 § 50-20.100
Current through Register Vol. 49, No.12, June 17, 2024
PURPOSE: The rule describes how a county's prior 457 Plan may be merged into this 457 Plan.
If an Employer has sponsored any other plan described under section 457(b) of the Code, the Employer may elect to consolidate such Prior Plan with this Plan, with the consent of the Board. In this event, the account of each of the Employer's Employees in the Prior Plan shall be transferred to the Trust Fund and made a part of each Employee's Account in the Plan. An Employer is not required to consolidate a Prior Plan with this Plan.
16 CSR 50-20.100
*Original authority: 50.1300, RSMo 1999.