Enrolling

Enrolling in the CERF 457 Savings Plan is easy. You will need to:

• Review enrollment materials obtained from your payroll office or by calling Empower Retirement at (877) 895-1394;
• Complete an Enrollment form including the beneficiary section and choose your investment
  option(s);
• Return the completed form to your county payroll office.

Enrollment/Beneficiary forms are also available to download from www.mocerf.org.

You may change your investment elections at any time by going online at www.empower-retirement.com/ or using a touch-tone phone by calling KeyTalk® at (800) 701-8255.

To illustrate how voluntary contributions to the CERF 457 Plan will help you reduce taxes while you save for retirement, assume you earn $20,000 per year, pay a 20% marginal federal and state income tax rate and contribute 5% of pay to the plan.

If You Save in the CERF 457 Plan

Pre-tax pay	$20,000
5% 457 contributions (5% x $20,000)	$1,000
Taxable Wages	$19,000
Income taxes paid	$3,800
$200 saved in income taxes. $1,000 saved in the CERF Savings Plan

If You Do Not Save in the CERF 457 Plan

Pre-tax pay	$20,000
457 contributions	$0
Taxable Wages	$20,000
Income taxes paid	$4,000
No tax savings and $0 saved in the CERF Savings Plan

Note: Your PIN (Personal Identification Number) is sent to your home after your 457 and/or 401(a) Savings Plan is established.