|
Retirement Information
Deferred Compensation
The City of San Antonio provides employees an additional way to put even more
money toward retirement directly from their paycheck through a Section 457
Deferred Compensation Plan. The plan is designed to be a supplement to the
City’s mandatory retirement plan and is an additional way to invest long-term.
Nationwide Retirement Solutions and ICMA Retirement Corporation are
the City’s deferred compensation providers. Representatives from
these companies are on-site at the City’s Human Resources Department
weekly. Contact Human Resources Customer Service at (210) 207-8705 to
schedule an appointment with a provider or for more information on how
to enroll.
More About Deferred Compensation:
- The minimum contribution for deferred compensation is $10 per pay
period.
- The maximum contribution for 2013 is $17,500.
- For employees over age 50, the maximum contribution for 2013 is $22,500.
- There are 26 payroll deductions for deferred compensation per calendar
year.
ICMA-RC
(800) 735-7202
www.icmarc.com
A local representative is on-site at the Human Resources Department at
111 Soledad every Thursday.
Nationwide Retirement Solutions
(877) 677-3678
www.nrsforu.com
A local representative is on-site at the Human Resources Department at
111 Soledad every Tuesday. |
