§ 31494 Voluntary Retirement Plan Transfer
Imagine you work for the city and have been saving for retirement in one plan. Your boss and your work group agree to let people switch to a new retirement plan.
If you decide to switch to the new plan, you can't go back to the old one. You'll lose the retirement money you had saved in the old plan, but the time you worked before switching still counts. It's like changing teams in a game—you start fresh with the new team, but your old scores don't come with you.
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§ 31494 Voluntary Retirement Plan Transfer
Last verified: January 22, 2026