September 14, 2017 18:21 Updated Follow If you don't make an election your will be enrolled into the default option. Your employer may choose the default plan for its employees. If the political subdivision does not choose a default, the default for all employees is the PERF Hybrid plan. Related articles What is the My Choice: Retirement Savings Plan? What’s the difference between the PERF Hybrid plan and the My Choice: Retirement Savings Plan? What is my Annuity Savings Account? What options do I have to make member contributions to the My Choice: Retirement Savings Plan as an employer? How much can I match based on an employee’s additional (voluntary) contributions?