Information - Colorado PERA

PERAPlus 401(k) Plan3www. cop er a.or g 1-8 00- 759 -73 72Plan FeaturesFor detailed informationabout the PERAPlus401(k) Plan, please reviewPERA’s 401(k) and DefinedContribution Plan and TrustDocument, available bycalling PERA.Pre-tax ContributionsYou may save 100 percent of your eligiblecompensation, subject to the annual IRS maximumcontribution limits. Contributions will be automaticallydeducted from your paycheck. If you need helpdetermining how much to save, you can usethe retirement planning calculators onlineat www.copera.org.Catch-up ContributionsIf you are age 50 or older and are contributing themaximum amount allowable to the Plan, you maycontribute an additional catch-up contribution, up tothe annual IRS limit.Matching ContributionsYour employer may choose to match a percentage ofthe amount you contribute to the Plan (not to exceeda yearly IRS total contribution maximum). Contactyour employer to see if the employer providesmatching contributions.Investment AdviceThrough the Plan you can access investment adviceat no additional cost through ING’s Personal OnlineAdvisor, which offers a step-by-step action plan thatshows which investments to choose and how much toinvest in each one. Or, for a fee (about $5.00 a monthfor every $10,000 in your account), you can choose tohave a Professional Account Manager create and monitora personalized plan for you. For more information,call 1-800-759-7372 and select the PERAPlus optionor view the Service Overview online by accessing the401(k) Web site through www.copera.org.VestingYou’re always 100 percent vested in your entireaccount balance.Employer ContributionsYour employer may make discretionary contributions onyour behalf. Contact your employer for moreinformation on this topic.Purchasing Service CreditYou may use your 401(k) contributions topurchase eligible service credit or purchase servicecredit based on a previously refunded account.For more information, review the Purchasing ServiceCredit booklet (available from PERA) or call1-800-759-7372 (do not select the PERAPlus option).This guide contains general information about PERA’s 401(k) Plan. Your rights, benefits, and obligations as a 401(k) Plan participant are governed byTitle 24, Article 51 of the Colorado Revised Statutes, the Rules of the Colorado Public Employees’ Retirement Association, and PERA’s 401(k) and DefinedContribution Plan and Trust Document.