Guest MikeD Posted May 25, 2005 Share Posted May 25, 2005 Does anyone know of any reason that a governmental plan could not exclude part-time employees from the Plan? Obviously, this is unacceptable in a private-sector plan due to Section 410; however, because governamental employers are exempted from 410 and it appears that the pre-ERISA 401(a)(3) does not apply, would this be acceptable? Link to comment Share on other sites More sharing options...
QDROphile Posted May 25, 2005 Share Posted May 25, 2005 State law controls and might have something to say on the matter. Link to comment Share on other sites More sharing options...
SoCalActuary Posted June 7, 2005 Share Posted June 7, 2005 If the employer has waived Social Security participation, then the part-timers will need a benefit which complys with the SSA waiver rules. For example, California PERS has a 4% cash balance plan for part-timers of electing employers. Link to comment Share on other sites More sharing options...
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