403b Investment Advice in 403(b) Forum Posted August 19, 2019 · Report reply Teachers Retirement Plan “Upon hire, employees classified ET begin automatically contributing eight (8) percent (if hired on or after November 1, 1996) or seven (7) percent (if hired prior to November 1, 1996) of their salary on a biweekly basis into this retirement plan. . Employees who are not classified ET do not contribute to this plan. District of Columbia Teachers’ Retirement Plan Summary Plan Description (SPD).....In order to rollover or withdraw funds from this account, the employee must be separated from DC Government.” You do not control how this money is invested unless you separate from service. Through the 403b and 457, you may invest additional funds that you’re able to invest into various funds. Also, I wasn’t aware of a 5% contribution to a 457; this has not been my experience with DCPS.