6.40 C. Member Application and Payments

5. The Tax-Deferred Payroll Deduction Program

2. Other member payments are not allowed under the TPDP

When a member An employee who works in a position not excluded from IMRF coverage and whose position meets the annual hourly standard for IMRF coverage. For the purposes of an Authorized Agent submitting a petition or casting a ballot in an executive trustee election, an active member also includes an employee receiving an IMRF pension and working in position that does not qualify for IMRF participation or one that provides the employee the option of participating in IMRF, e.g., elected office. enters into a TPDP IMRF's Tax-deferred Payroll Deduction Program whereby a member purchases past service credit through tax-deferred payroll deduction. agreement and while the agreement is in force, he or she:

1. Cannot make any after-tax payments, that is, send any additional payments, to IMRF to purchase the service covered by the TPDP agreement.

2. Cannot make any eligible rollovers to IMRF, for example, roll over funds from another qualified plan into IMRF, to purchase the same type of service.

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