Deferred Compensation Policy

  • Compensatory Time
  • Policies
  • Retention Topics
The City offers a deferred compensation plan which includes the purchase of insurance, annuity contracts, and other investment options through payroll deductions. The City is in no way financially responsible for the investment performance or payment of any of the deferred funds. This plan is commonly known as a 457 plan after the relevant section of the Internal Revenue Service Code. 

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