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. A minimum contribution of $25.00 per pay period is required for non-classified employees or $10.00 if you are a state classified employee.
For Information on TIAA Non-Classified 457b Deferred Compensation contact Jerrica Men (401) 874-2533.
Providers to choose from:
Non-Classified Employees:
TIAA – 1-800-842-2776
Classified Employees:
TIAA – 1-800-897-1026
Fidelity – 1-800-343-0860
VOYA – 1-800-584-6001
Enrollment into a 457b Plan:
457b Authorization Form for Non Classified Employees (return form to Jerrica Men)
457b Enrollment for Classified Employees (Council 94, ESP & Nurses Unions) – Enrollment for the State 457 B plan is completed through Retirement@Work on the State Employee Benefits Office website.