A 457(b) Deferred Compensation retirement plan is a tax-deferred plan that offers you an additional opportunity to save more money for retirement and pay less in taxes now. When you elect to participate, a portion of your salary is set aside – on a pre-tax basis – to save toward supplementing your main retirement plan and Social Security. This plan is available to all state employees who are eligible for benefits.
Classified Employees (Council 94, ESP & Nurses Unions) A packet of information on the Fidelity, TIAA, and VOYA plans is available from the State Employee Benefits Office.
Non-Classified Employees (AAUP, MPA, Physicians, PSA & PTAA Unions) A packet of information on the TIAA, VALIC & VOYA plans is available from the University’s Employee Benefits Office.
Call Employee Benefits at 874-2921 with any questions.