- PERF Hybrid
- My Choice: Retirement Savings Plan
- My Choice: Retirement Savings Plan and PERF Hybrid (employee's choice)
- PERF Hybrid for existing employees and My Choice: Retirement Savings Plan for new employees
- PERF Hybrid (certain classes of employees)*
- PERF Hybrid and My Choice: Retirement Savings Plan (certain classes of employees who choose their plan)*
*You may offer the PERF Hybrid plan to employees in specific positions while offering the My Choice: Retirement Savings Plan to others.
For example: an employer has firefighters that are PERF members (not in 1977 Fund). That employer may choose to offer PERF Hybrid to that position only (since it offers a disability benefit) while requiring all other employees to be in the My Choice: Retirement Savings Plan. Or, the employer may allow all other employees to make a choice between the two.