For an employer that sponsors two 457(B) plans, is it legal to have a different normal retirement age in each plan? Someone told me they thought the proposed regulations require consistency, which makes sense.

To add a twist, what if the employer is a state university? The university sponsors its own 457(B) plan, and the state sponsors another 457(B) plan. University employees may contribute to either or both plans.

Thanks,
Ken Davis
Univ. of South Alabama