January 2023 Semi-annual Open Enrollment for Wage Deferral Election Notice and Form
As provided in the new bargaining agreement effective in June 2022, the Board of Trustees of the San Francisco Electrical Workers Retirement Savings Plan has approved a change in the 401(k) pre-tax wage deferral elections from an hourly flat dollar election to a percentage of pay election. A new election is requested for all participants beginning January 1, 2023.
- January 2023 Open Enrollment for Wage Deferral Election Notice - Retirement Savings Plan – All Participants who have attained at least the 45% Apprentice level and who are working in Covered Employment may make a (or revise their current) deferral election during one of two open enrollment periods beginning in November and May that take effect January and July respectively.
- January 2023 Semi-annual Open Enrollment for Wage Deferral Election Form – Use this if you wish to make a 401(k) deferral from your 2023 hourly wages to your account in the San Francisco Electrical Workers Retirement Savings Plan.