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Enrolled in a retirement plan but don’t have an online account? Sign up and manage your deferred compensation retirement account.
The City of Chicago offers a Section 457 deferred compensation plan. As an employee of the City of Chicago, you are eligible to enroll and contribute to the 457 (b) plan. This plan provides you an opportunity to invest a portion of your salary on both a pre-tax and/or Roth (after-tax) basis to save for retirement.
The City of Chicago offers a Section 457 deferred compensation plan to all employees. As an employee of the City of Chicago, you are eligible to enroll and contribute to the 457(b) plan. This plan provides you an opportunity to invest a portion of your salary on both a pre-tax and/or Roth (after-tax) basis to save for retirement.
Chicago logo with text labelling the logo specific to Deferred Compensation Plan ... Chicago logo with text labelling the logo specific to Deferred Compensation Plan ...
Attached are the City of Chicago Deferred Compensation Plan Restated Plan Document and the Unforeseeable Emergency Withdrawal Rules. Please review these documents and file with your Deferred Compensation information.
If you have life insurance coverage through the Plan, please be aware that if you choose to change your deferrals in conjunction with a rollover your policy may lapse and your coverage will no longer be in effect.
457(b) Plans: 1. I understand that my participation in the Plan is governed by the terms and conditions of the Plan Document. 2. The Plan Document and fund prospectuses are available upon request at ChicagoDeferredComp.com or by calling 855-457-CITY. 3.