Class A-4 Election
If you were enrolled in SERS after January 1, 2011, you are most likely a member of SERS' A-3 class of service. As such, you have 45 days from the day you receive your new member packet to elect to belong to the A-4 class of service instead. This is a one-time opportunity and your decision is final and binding, there is no opportunity to change your mind later. You are strongly encouraged to evaluate this option carefully and consult a financial planner or other adviser before making your decision.
Differences between A-3 and A-4
The amount your employer contributes does not change.
Final, Binding, and Irrevocable Decision
One-Time, Time-Limited Option
When we are notified that you have been enrolled in SERS, we will send a letter to your home providing more details about this decision. With the letter will be a form that includes a deadline by which you must notify us if you want to become a part of the A-4 class of service.The deadline is 45 days after you receive notification. If you do not notify us by the deadline, you will remain in class A-3 and you will not have another opportunity to choose to join the A-4 class.
If you have any questions about the differences between the two classes of service, the letter we send to you, or the deadline provided, please promptly call 1.800.633.5461.