§ 5-4. Rollover contributions.

(a) In general.

(1) Subject to the requirements of this section, a member may make 1 or more rollover contributions to the Retirement Savings Plan.

(2) As soon as administratively practicable after a rollover contribution is made, the contribution will be credited to the member's Rollover Contribution Sub-Account.

(b) Required submissions.

A member who wishes to make a rollover contribution must:

(1) file a request with the Board of Trustees in the form required by the Board; and

(2) establish to the satisfaction of the Board that amounts intended to be rolled over satisfy the conditions of subsection © of this section.

Every rollover contribution must be:

(1) either:

(i) an "eligible rollover distribution" as defined in IRC § 402(f)(2)(A), including eligible distributions of designated Roth contributions described in IRC § 402a(c)(3); or

(ii) eligible for rollover treatment under IRC § 408(d)(3), including eligible distribution from a Roth IRA described in IRC § 408(a) eligible for rollover treatment under IRC § 408(d)(3), including eligible distributions from a Roth IRA described in IRC § 408(a).

(2) made solely in cash;

(3) distributed from:

(i) a qualified plan under IRC § 401(a) or §403(a), except that amounts rolled over may not include nondeductible or after-tax contributions;

(ii) a tax-sheltered annuity under IRC § 403(b);

(iii) an eligible plan under IRC § 457(b) that is maintained by a state, a political subdivision of a state, or any agency or instrumentality of a state or political subdivision of a state; or

(iv) an individual retirement account under IRC § 408(a) or an individual retirement annuity under IRC § 408(b), except that amounts rolled over may not include nondeductible or after-tax contributions; and

(4) either transferred directly to the Retirement Savings Plan or, within 60 days of its receipt, contributed to the Plan by the member.