Employees have the option of saving for retirement by using tax deferred supplemental retirement plans in the form of a CalPERS 457 plan and/or a 403b plan. The auto payroll deductions are taken on a pre-tax basis, thereby reducing the employee’s amount of taxable income.
457 Plan Provider | 403b Plan Providers |
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CalPERS 457 Plan, administered by Voya Financial | various options |