To access the Contra Costa County custom Empower Retirement website, click here One-on-one Counseling Sessions: Schedule a Retirement Readiness Review, at no cost to you by clicking here (PDF). Deferred Compensation PlanThe County offers a voluntary Deferred Compensation Plan in accordance with Section 457 of the Internal Revenue Code. Participants of the program select a designated monthly amount to deduct from their paychecks and then select investment options. The Deferred Compensation Plan is a supplemental retirement plan option in addition to your County retirement plan. Consequently, while you may stop your deductions at any time, you may not have access to the monies until you have separated from County service. Some positions are eligible for a county paid contribution to their Deferred Compensation Plan, depending on their MOU or Management Resolution. Deferred Compensation Plan - Special Benefit for New HiresNew Hires: The County will contribute one hundred fifty dollars ($150) per month to an eligible employee’s account in Contra Costa Deferred Compensation Plan when the employee defers twenty five dollars. Eligibility Annual Elective Deferral LimitsAnnual Elective Deferral Limits are determined by IRS. Go to LIMITS. (责任编辑:) |