Full-time and benefited part-time employees are eligible to enroll in the 457 Deferred Compensation Plan and Roth 457 through payroll deductions. Sworn employees hired after June 20, 2018, will be enrolled in the 457 Plan for an employer contribution of 1.5% of Base Pay.
The Plan is administered by Empower Retirement and Cook Street Consulting provides investment consulting services for this plan.
Voluntary Retirement Plans – Administered by Empower Retirement
The City and County encourages additional savings for retirement through a deferred compensation plan defined by section 457(b) of the Internal Revenue Code and by a Roth IRA - both of these plans are administered by Empower Retirement.