|All employees who qualify for IPERS are eligible to participate.
||457 employee contributions: Option to save (pretax and post-tax Roth) through payroll deductions:
- minimum $25/month
- maximum up to IRS annual limits*
||Enrollment: Enrollment is through your RIC plan providers. Choose your preferred method of enrollment and complete the process as intructed. View enrollment options available through AIG (formerly VALIC) and MassMutual.
Investments: AIG and MassMutual each offer a variety of investment options and provide assistance with enrollment, investment selection, and account reviews at no extra cost. For a list of available fund options, review the RIC At-A-Glance PDF.
||Payroll deductions - You may request a change to your existing payroll deduction amount and tax treatment at any time by completing the Monroe County RIC Account Form PDF and forwarding it to your payroll office.
Account management: To manage investment selection, obtain account information, change personal or beneficiary information, access your account online or call your provider.
Distributions: While employed, distribution options are limited. Once separated from employment, contact your provider directly to request distributions.
Provider transfers: To transfer assets between RIC providers, establish an account with the receiving provider and complete the RIC Account Form. There are no restrictions or fees for this type of transfer.