Deferred Compensation

The Deferred Compensation Program and the following information is solely for your convenience and benefit. The City of Mesa does not endorse or recommend any specific provider(s) or investment option(s) The views and opinions expressed by the providers may not reflect those of the City of Mesa. 

Benefit and Eligibility
457 Deferred Compensation Plan

All full-time and part-time benefited employees are eligible to participate in the City's Deferred Compensation program. Additionally, participating full-time employees with a minimum of one year of service are eligible to receive a City contribution to their deferred compensation account.


Full-time employees who are rehired and participating are subject to the one-year of service waiting period from his/her rehire date to become eligible for the City contribution.

Initiated in January 2002, this benefit provides participating employees who contribute at least $10 per paycheck to deferred compensation with a contribution from the City equal to .5% (one-half of one percent) of the employee's base pay to their deferred compensation plan.

Benefit and Eligibility
Roth Plan

Initiated in November 2013, the City of Mesa now offers a Roth contribution option. Roth contributions are made with after-tax dollars and is a supplement the City's 457 deferred compensation plan. 

To receive the City's employer contribution, full-time employees must contribute a minimum of $10 into the City's 457 deferred compensation plan.

 

Plan News and Updates

NEW!

Great-West Financial Mobile Web Application


Great-West website Login Information

The Roth 457 Option:  Is it Right for You?

 
Information Session
 
Increasing Your Contributions - How Much Should You Save

Monday, April 21, 2014
12:00 - 12:45 p.m.

Mesa City Plaza
(20 E. Main St.)
Room 170 E (first floor)