Common use of Limited option to transfer plans Clause in Contracts

Limited option to transfer plans. Employees who have elected to participate in the PERS retirement plan shall be permitted to make a one-time switch to the UPP retirement program during any annual transfer period. An employee’s selection of the UPP retirement program, once made, is irrevocable; the employee must remain in that retirement program for the duration of his/her employment at OHSU, including periods of reemployment.

Limited option to transfer plans. Employees who have elected to participate in the PERS or OPSRP retirement plan shall be permitted to make a one-time switch to the UPP retirement program during any annual transfer period. An employee’s selection of the UPP retirement program, once made, is irrevocable; the employee must remain in that retirement program for the duration of his/her employment at OHSU, including periods of reemployment.

Limited option to transfer plans. Employees who have elected elected‌ 28 to participate in the PERS retirement plan shall be permitted to make a one-time 29 switch to the UPP retirement program during any annual transfer period. An 30 employee’s selection of the UPP retirement program, once made, is irrevocable; 31 the employee must remain in that retirement program for the duration of his/her 32 employment at OHSU, including periods of reemployment.