D.C. Mun. Regs. tit. 6, r. 6-B2601

Current through Register Vol. 71, No. 49, December 6, 2024

Rule 6-B2601 - DISTRICT RETIREMENT BENEFITS PROGRAM

2601.1

The District retirement benefits program ("Program") consists of:

(a) A defined contribution plan pursuant to § 401(a) of the Internal Revenue Code ("IRC ");

(b) A deferred compensation plan benefit, as provided in § 457(b) of the IRC; and

(c) Social Security, as provided in Chapter 7 of Title 42 of the U.S.Code.

2601.2

Except for positions excluded by § 2603.10, the following employees who were first employed in the District government ("District") after September 30, 1987, are eligible to participate in the Program:

(a) All full-time permanent employees;

(b) Part-time permanent employees who work at least thirty (30) hours per week; and

(c) Term appointees of more than twelve (12) months.

2601.3

This chapter and the Program shall be implemented consistent with controlling provisions in the IRC and regulations issued to implement the IRC (federal regulations"). If any provision in this chapter conflicts with the IRC and federal regulations, the IRC and federal regulations shall control.

D.C. Mun. Regs. tit. 6, r. 6-B2601

Final Rulemaking published at 37 DCR 954 (February 2, 1990); amended by Final Rulemaking published at 67 DCR 004744 (5/1/2020)