401(a) Plan
The County has a Deferred Compensation 401(a) Plan with employer contributions. If you are contributing to your retirement savings through the 457(b) Plan, then the County matches the contribution up to a certain percentage. Current eligibility in the 401(a) Plan applies to all bargaining units except 003, 007, and 019.
No enrollment is necessary to receive the County’s 401(a) match.
Investment options are generally the same as the 457(b) Plan with a BrokerageLink option. There are no unforeseen emergency withdrawals or loans in the 401(a) Plan.
Contributions will be deposited into a target-date fund based on the employee's age. To choose your own investments, contact Fidelity at 800-343-0860 or www.netbenefits.com/saccounty.
The Employee’s County’s 401(a) Plan match will stop when they are transferred out of the eligible bargaining unit.