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Deferred Compensation


Deferred Compensation
The City of San Antonio provides employees an additional way to put even more money toward retirement directly from their paycheck through a Section 457 Deferred Compensation Plan. The plan is designed to be a supplement to the City’s mandatory retirement plan and is an additional way to invest long-term.

Nationwide Retirement Solutions and ICMA Retirement Corporation are the City’s deferred compensation providers. Representatives from these companies are on-site at the City’s Human Resources Department weekly. Contact Human Resources Customer Service at (210) 207-8705 to schedule an appointment with a provider or for more information on how to enroll.

More About Deferred Compensation:

  • The minimum contribution for deferred compensation is $10 per pay period.
  • The maximum contribution for 2013 is $17,500.
  • For employees over age 50, the maximum contribution for 2013 is $22,500.
  • There are 26 payroll deductions for deferred compensation per calendar year.

(800) 735-7202
A local representative is on-site at the Human Resources Department at 111 Soledad every Thursday.

Nationwide Retirement Solutions
(877) 677-3678
A local representative is on-site at the Human Resources Department at 111 Soledad every Tuesday.