457 Plan
Each year, CERF’s Board of Directors will determine the amount available for matching contributions. The approved match for 2023 is:
This will apply to Non-LAGERS and LAGERS participants.
To receive the match, you must have made 457 contributions during the plan year and you:
Although CERF’s match is based on your voluntary contributions to the CERF 457 plan, the actual matching funds are deposited into your CERF 401(a) account. As periodic account statements are received from Empower Retirement, you will want to verify that your 457 contributions are being deposited into the 457 plan account (rather than 401(a) plan) in order to receive the full match to which you are entitled.