Table of Contents 1 Overview ........................................................................................ 4 1.1 Teachers Retirement Fund History ....................................................................................... 4 1.2 Administration of System and Funds ................................................................................... 4 1.3 Board of Trustees ............................................................................................................. 4 1.4 INPRS Vision, Mission, and Values ...................................................................................... 4 1.5 Important Terms ............................................................................................................... 5 1.6 Indiana Code Governing TRF My Choice Plan ........................................................................ 5 1.7 Contacting INPRS ............................................................................................................. 6 2 Membership .................................................................................... 7 2.1 Eligibility ......................................................................................................................... 7 2.2 Ineligibility ....................................................................................................................... 7 2.3 Enrollment ....................................................................................................................... 7 2.4 Designating A Beneficiary .................................................................................................. 7 2.5 Suspension of Membership ................................................................................................ 8 2.6 Personal Information ......................................................................................................... 8 3 Contributions ................................................................................. 10 3.1 Contributions ................................................................................................................. 10 3.1.1 Employer Contributions (Variable) .............................................................................. 10 3.1.2 Fixed Member Contributions ..................................................................................... 10 3.1.3 Voluntary Member Contributions ............................................................................... 10 3.2 Internal Revenue Code 401(a) 17 Limits ............................................................................ 10 3.3 Rollover Funds into TRF My Choice ................................................................................... 10 3.3.1 Voluntary Withdrawal of Rollover Pre-Tax Contribution Funds ........................................ 11 3.4 Quarterly Member Statement ........................................................................................... 11 3.5 Vested Status In Member Contributions ............................................................................. 11 3.6 Vested Status In Employer Share ...................................................................................... 11 3.6.1 Vesting Schedule .................................................................................................... 11 3.7 Forfeiture ...................................................................................................................... 12 4 Participation Credit ......................................................................... 13 4.1 Uniformed Services Employment and Reemployment Rights Act (USERRA) Eligibility ................ 13 4.2 Participation Credit for Leave of Absence ........................................................................... 13 4.2.1 Leaves of Absence from Covered Employment ............................................................ 13 4.2.2 Family and Medical Leave Act (FMLA) ........................................................................ 13 4.3 Years of Participation and Disability................................................................................... 14 4.4 Credit in a Dual Position .................................................................................................. 14 4.5 Reinstatement of Participation Credit ................................................................................. 14 4.6 Additional Participation Credit .......................................................................................... 14 5 Investment Options ........................................................................ 15 5.1 Defined Contribution Account .......................................................................................... 15 5.1.1 Rollover Funds into TRF My Choice ........................................................................... 15 TRF My Choice: Retirement Savings Plan Member Page 2 of 30 Handbook Effective: 07/01/2024