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hr@james-city.va.us


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Deferred Compensation/Deferred Compensation Match

 

What is it?


You may set aside a portion of your salary pre-tax for retirement purposes through ICMA Retirement Corporation. Contribute as little of your salary as you want.  Allocate contributions into one or all of the offered funds.  Once enrolled, you may change the allocation and the amount contributed.  Deferred Compensation Summary

 

How do I enroll?


C
omplete the 457 Enrollment Form , 457 Amount of Deferral Change Form, and 401 Plan Employee Enrollment Form

How do I change my beneficiaries, marital status, or name?


Complete the
457 Employee Information Change Form and/or 401 Plan Employee Enrollment Form

How do I increase, decrease, or suspend my deferral amount?


Complete the 457 Amount of Deferral Change Form.

 

How do I change my address, allocation(s), or funds?


To change your address, allocation(s), or funds, please use Account Access or call 1-800-669-7400.

 

How do I get more information?


Visit the
ICMA website.


Contact
Wendell Kristofak, Retirement Plans Specialist, wkristofak@icmarc.org, or 1-800-735-7202, Ext. 4911. 
Contact the Human Resource Department at 253.6738 or hr@james-city.va.us.

 

How do I get more information on the funds?


Click here:
Fund Profiles.

 

How much may I defer?

Contribution Limits

Year
457 Limit  
Age 50 Catch-Up
2009
$15,500
$5,500

Deferred Compensation Pay Period Deductions Beginning January 14

Year
Regular Max Deduction

Age 50 Catch-Up Max Deduction

Combined Deduction
Combined Deduction
24 Pay Periods
2009
$687.50
$229.17
$916.67
$22,000.08