Currently, after severance from employment, participants may choose to rollover deferred compensation funds to another eligible pre-tax plan.

Effective March 1, 2005, if an employer offers multiple IRC 457 deferred compensation plans, which meet certain conditions, the Ohio Program will allow participants to move their account balances between plans as an in-service transfer, prior to severance from employment. This new plan feature is designed to provide added flexibility and portability to participants in their retirement planning.