[NCASG] Question on retirement plan options

[Malatesta - DPA, Brandy]

Good Morning!

Colorado is very similar through PERAChoice.  The best source of
information is here <https://protect-us.mimecast.com/s/YHXeCrkoq9UDzZ1lu75OFb?domain=copera.org>.

Please let me know if you have any questions.  Thanks!
*Brandy B. Malatesta, MPA, CCP, SHRM-CP*

*Compensation Director*
P 303.866.5383  |  C 303.919.0507
1525 Sherman Street, Denver, CO 80203
brandy.malatesta at state.co.us  |  dhr.colorado.gov
<https://protect-us.mimecast.com/s/GyKLCv2vxZHyP82zfXLhiD?domain=urldefense.proofpoint.com>
|  careers.colorado.gov
<https://protect-us.mimecast.com/s/nh2sCwpwyrUR4xA3C9Lgxq?domain=urldefense.proofpoint.com>


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On Tue, May 31, 2022 at 12:43 PM Hart, Lynn L. <lyhart at nd.gov> wrote:

> Do your state employees have an opportunity to choose among alternative
> retirement plans?
>
>
>
> Here in North Dakota, our main retirement plan is a defined benefit
> (pension) plan.  The state also offers a defined contribution retirement
> plan.  Currently only non-classified employees and appointed and elected
> officials are eligible for the defined contribution plan, but there was an
> earlier period (October 2013 to July 2017) when the plan was available to
> all regular state employees.   New, eligible employees can make an
> irrevocable choice within the first six months of employment to opt out of
> the defined benefit plan and participate in the defined contribution plan.
>
>
>
> Does your state offer any similar option?
>
>
>
> To keep the question simple, I am ignoring the fact we have separate
> retirement plans for judges and law enforcement.
>
>
>
> I would appreciate any information you can provide.
>
>
>
> Thanks,
>
>
>
> Lynn Hart, SPHR, SHRM-SCP, CCP, CEBS
>
> *Total Rewards Manager*
>
>
>
> 701.328.4739     •     *lyhart at nd.gov <lyhart at nd.gov>*     •     *https://protect-us.mimecast.com/s/0ac2Cxkxz1UQgv9oSw5ClN?domain=omb.nd.gov
> <https://protect-us.mimecast.com/s/-1xoCyPyAXHyQo05fNxYaY?domain=urldefense.proofpoint.com>
> *
>
>
>
>
>
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