PUBLIC SCHOOL EMPLOYEES’ RETIREMENT SYSTEM (PSERS)

PSERS Files with IRS for DC Plan Determination

NOTICE TO:

Participants of the Commonwealth of Pennsylvania, School
Employees’ Defined Contribution Plan, hired on or after July 1, 2019

and
Members of the Commonwealth of Pennsylvania,
Public School Employees' Retirement System
 
An application is to be made to the Internal Revenue Service for an advance determination on the qualification of the following employee pension benefit plan.
NAME OF PLAN:
Commonwealth of Pennsylvania, School Employees’ Defined Contribution Plan (“SEDCP”)
NAME AND ADDRESS OF APPLICANT
AND PLAN ADMINISTRATOR
Public School Employees’ Retirement Board
5 North 5th Street
Harrisburg, PA 17101
PLAN NUMBER:
002
The application will be filed on or before June 29, 2018 for an advance determination as to whether SEDCP meets the requirements of Section 401(a) of the Internal Revenue Code of 1986, as amended, with respect to the initial qualification of SEDCP.  The application will be filed with:
EP Determinations
            Internal Revenue Service
            P.O. Box 12192
            Covington, KY 41012-0192
The employees eligible under this plan are: (1) public school employees, who first become an active member of the Commonwealth of Pennsylvania, Public School Employees' Retirement System (“PSERS”) on or after July 1, 2019 and participate in the SEDCP, and (2) active members of PSERS on July 1, 2019, who elect to participate in SEDCP for school service rendered on and after January 1, 2020.
The Internal Revenue Service has not previously issued a determination letter with respect to the qualification of SEDCP.
COMMENTS TO THE INTERNAL REVENUE SERVICE
You may submit to the Internal Revenue Service, at the above address, either individually or jointly with other interested parties, your written comments as to whether SEDCP meets the qualification requirements of the Internal Revenue Code.
EP Determinations
            Internal Revenue Service
            P.O. Box 2508
            Cincinnati, OH 45202

PSERS Media Contact Details

Steve Esack

Press Secretary 717.418.7526
Public School Employees' Retirement System Media

L. Paul Vezzetti

Communications Director 717.480.8405
Public School Employees' Retirement System Media