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This means that if you terminate employment prior to meeting the vesting requirements of the Investment Plan, Investment Plan will count toward the applicable FRS Pension Plan vesting requirement for the transferred value of your FRS Pension Plan benefit.Įmployee contributions are immediately vested. ![]() (if enrolled in the FRS prior to July 1, 2011) or eight years (if initially enrolled in the FRS on or after July 1, 2011) before you "own" this money. If you transfer the present value of your FRS Pension Plan benefit to your FRS Investment Plan account, you need to complete six years of service ![]() If you transfer from the FRS Pension Plan to the FRS Investment Plan, you will be able to count your Pension Plan service toward the one-year vesting requirement. You will be vested (that is, you will own the assets in your Investment Plan account) when you complete one year of service in the FRS Investment Plan.
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