Membership 2.2 Ineligibility Employment by other public employers, such as cities, towns, or school districts, does not automatically mean membership in PERF. Many participating employers choose to offer PERF benefits only to certain employees, not all employees. The following are not eligible to participate in PERF:  Employees who are paid wholly on a fee basis or as an independent contractor.  Elected officials of a Local Government unless the governing body specifically provides for the participation of locally elected officials.  Employees, except employees of a participating school corporation, hired after June 30, 1982, occupying positions normally requiring performance of service of less than 1,000 hours during a year. NOTE: This does not apply to those PERF members who are authorized to participate simultaneously in TRF or those members who are required to participate in both PERF and PARF. No more than one year of service credit can be earned per year.  Individuals employed by the State who are classified as federal employees by the United States Secretary of Agriculture and are covered by the federal Social Security program as federal employees.  Employees occupying positions normally requiring performance of service of less than 600 hours per year who meet one of the following are also ineligible for PERF membership: ◦ Hired before July 1, 1982 ◦ Employed by a participating school corporation  Employees who occupy positions covered by PERF Resolution and at the same time occupy positions covered by another retirement or pension plan supported in whole or in part by either the State of Indiana or a political subdivision. These include but are not limited to the following: ◦ 1977 Police Officersˈ and Firefightersˈ Retirement Fund (1977 Fund) except certain Police or Fire Chiefs ◦ Judgesˈ Retirement System (JRS) ◦ Excise, Gaming and Conservation Officersˈ Retirement Plan (EG&C) ◦ 1953 Police Pension Fund ◦ 1937 Firefighters’ Pension Fund ◦ 1925 Police Pension Fund ◦ Sheriff’s Pension Trust ◦ Indiana State Police Pension Trust Fund NOTE: The 1953 Police Pension Fund, 1937 Firefighters’ Pension Fund, 1925 Police Pension Fund, and Sheriff’s Pension Trust are administered by the State or at the local unit level and not by INPRS. 2.3 PERF Hybrid Plan or PERF My Choice: Retirement Savings Plan As a new employee, you have sixty (60) days from your date of hire to choose between becoming a member of the PERF Hybrid Plan or the PERF My Choice: Retirement Savings Plan (formerly the ASA Only Plan) if: • You are a State of Indiana employee, and you are not statutorily assigned to another pension fund (or excluded from coverage); or Public Employees’ Retirement Fund Hybrid Plan Page 9 of 48 Member Handbook Effective: 07/01/2024