Tier I and II in-service members and retirees may change their QPP investment elections four times a year. Investment election changes take place on the following conversion dates: January 1, April 1, July 1, and October 1.

Tier I and II in-service members may change their investment elections for future QPP contributions and/or past QPP accumulations by filing a QPP Investment Election Change Form (code MA7) at any time; their elections would take effect on the next conversion date that occurs at least 30 days after TRS receives their form.

Tier I and II retirees may change their investment elections for their QPP retirement allowance by filing a Retiree's QPP Investment Election Change Form (code RP8) at any time; their elections would take effect on the next conversion date that occurs at least 60 days after TRS receives their form.

Please note that Tier III, IV, and VI members may not choose how their QPP funds are invested; their contributions automatically accrue 5% interest annually.