Wis. Admin. Code Department of Employee Trust Funds ETF 70.09 - Member responsibilities
(1) Employees electing to become a member of
the primary or an alternate plan shall sign a memorandum of understanding prior
to enrolling to certify that all program requirements and regulations have been
clearly explained.
(2) A member
shall select one administrator for his or her deferrals. A member may not
simultaneously defer earnings to the primary plan and an alternate
plan.
(3) Each member shall review
information provided by the administrator and the department about the
investment type and performance of the investment products offered to determine
which investment products best meet the member's individual needs and financial
objectives.
(4) Each member shall
monitor his or her own annual deferral amounts to ensure the amount does not
exceed the maximum deferral amount allowed under internal revenue code section
457.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.