The employees retirement system is a qualified plan set up by governments of the state or localities. A qualified plan is one that employer establishes that meets the Internal Revenue Code in both form and operation. Qualified plans include 401(k) plans, 403(b) plans, SARSEP plans, SEP-IRA plans, and SIMPLE IRA plans.
For complete details see https://www.irs.gov/retirement-plans/a-guide-to-common-qualified-plan-requirements
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