Each January, active members who joined Plan 2 before a certain date have the option to transfer to Plan 3.
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Plan 3 transfer window open in Jan.
Each January, active members who joined Plan 2 before a certain date have the option to transfer to Plan 3. Plan 3 has two parts: a pension account and an investment account. Your employer pays into your pension fund, while your contributions go into an investment account that you control. Plan 3 rules allow you to withdraw the investment portion of your funds at any time after separating from employment. This is a permanent transfer, with no future opportunity for another plan change.
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