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.

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