Helping Idaho Public Employees Build A Secure Retirement

Choice 401(k) Plan (For Active Members)

Webex Meetings for Choice Plan Website   

New Choice Plan Website Empower Flyer   

Important Account Safety Brochure   

To get started, simply start contributing. Then you can log into your myPERSI Account to watch your account balance grow.

Meet Your Dedicated Empower Retirement Plan Counselors.

Base Plan (Part 1)

The Base Plan is your regular, mandatory PERSI plan. Your Base Plan is a Defined Benefit plan, meaning your retirement benefit is based on a defined formula.

Most active members have two PERSI accounts, the Base Plan plus the Choice 401(k) Plan.

Your Base Plan provides a good foundation.

Choice 401(k) Plan (Part 2)

The Choice 401(k) Plan is your voluntary PERSI account. It contains any gain sharing contributions you receive, any voluntary contributions you make, any rollovers you request from other plans, and any employer contributions on your behalf, as well as the earnings on those funds. Your Choice 401(k) Plan is a Defined Contribution plan, meaning the amount you receive at retirement is based on the contributions and earnings in the plan.

Your Choice 401(k) Plan creates a more secure retirement.

Also see Choice 401(k) Plan Frequently Asked Questions (FAQs).

My Choice 401(k) Plan Account - Access your account or request a PIN reminder letter here or by phone (toll-free 1-866-437-3774). You may view account balance details (total, vested amount, by funds and by source), review plan guidelines and fund details. You may also make changes to the allocation of current and future contributions, request PIN changes and order materials. If you´re eligible for a loan or withdrawal, submit your request from your Choice 401(k) Plan logon to your account or call the record keeper at 1-866-437-3774.

Choice 401(k) Plan Calculators
401(k) Contributions Calculator An employer sponsored retirement savings account could be one of your best tools for creating a secure retirement. All contributions and earnings are tax deferred. You only pay taxes on contributions and earnings when the money is withdrawn. Use this calculator to see how increasing your contributions to a 401(k), 403(b) or 457 plan can affect your paycheck as well as your retirement savings
Defined Contribution Plan Limits Calculator Online calculator for testing your contribution limits for the calendar year.

Choice 401(k) Plan Informational Materials and Forms
Choice 401(k) Plan Fee Disclosure Statement   It is important for PERSI members to understand investment fees as they relate to the Choice 401(k) Plan, and to retirement plans in general. This disclosure briefly addresses common fees and can help you understand how and when they are applied.
Request an Enrollment Kit An e-mail link to request a Choice 401(k) Plan Enrollment Kit, which includes an Enrollment Form, Fund Transfer Worksheet, and Fund Summaries from all investment options.
Choice 401(k) Plan Comparison Chart    Unlike many workers, you have a choice when deciding how to save for retirement. The comparison chart summarizes and compares some of the main features of each of the retirement savings plan options available to you.
Choice 401(k) Plan Paycheck Contribution Trifold   Members can boost their retirement security by making voluntary contributions to a retirement savings account designed to supplement their Base Plan. The brochure explains how to start, stop or change payroll deductions for tax-deferred contributions to the PERSI Choice 401(k) Plan.
Choice 401(k) Plan Highlights   This 6 page brochure explains the specifics of the Choice 401(k) Plan including contributions, rollovers, election changes, in-service withdrawals, loan features, investment options, distribution options, and record keeping fees.
Choice 401(k) Plan Legal Document    The articles which define the legal framework and rules for the Choice 401(k) Plan.
Choice 401(k) Plan Death Benefit Claim Request    Use this form to certify you are a beneficiary of a deceased Choice 401(k) Plan participant and to request payment of the deceased participant's Choice 401(k) Plan funds.
Instructions and important tax information are included with the form.
Choice 401(k) Plan Hardship Withdrawal Request    Use this form to request a withdrawal from the Choice 401(k) Plan due to an immediate and heavy financial need as defined by section 6.2 of the Choice 401(k) Plan Legal Document.
Choice 401(k) Plan Incoming Rollover Request   The Choice 401(k) Plan accepts rollover contributions from other qualified retirement plans. Instructions and additional information are included with the form to guide you through the process.
Choice 401(k) Plan Paycheck Contribution Election    You may begin voluntary contributions to the Choice 401(k) Plan at any time (depending on your employer's ability to accept voluntary contributions). To begin contributions, complete this Election Form and return it to your Payroll Clerk.
What Happens to Your Choice 401(k) Plan Money When You Retire?   This document helps members understand the distribution options for their Choice 401(k) Plan money at retirement.

Choice 401(k) Plan Fees - A breakdown of the fees related to the Choice Plan and your investment options.

Choice 401(k) Plan Investment Options - A summary of the various investment funds available to you and links to the fund websites.