Deferred Compensation

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Deferred Compensation Plan
The County offers a voluntary Deferred Compensation Plan administered by Mass Mutual in Accordance with Section 457 of the Internal Revenue Code. Participants of the program select a designated monthly amount to deduct from their paychecks and then select investment options from the portfolio provided by Mass Mutual.

The Deferred Compensation Plan is a supplemental retirement plan option in addition to your County retirement plan. Consequently, while you may stop your deductions at any time, you may not have access to the monies until you have separated from County service.

Some positions are eligible for a county paid contribution to their Deferred Compensation Plan, depending on their MOU or Management Resolution.

Deferred Compensation Plan - Special Benefit for New Hires
New Hires:  The County will contribute one hundred fifty dollars ($150) per month to an employee's account in the Contra Costa County Deferred Compensation Plan or other designated tax qualified savings vehicle, for new hires who are members of either the Labor Coalition,  or members covered by Management Resolution 2009/341, Local 21, Probation and Peace Officers Association, Deputy District Attorney, Public Defenders and Public Defender Investigators.


See information below to enroll in the Deferred Compensation Plan.

Enrolling in Deferred Compensation Plan

New enrollment forms are available as of July 25,2014.  Enrollment forms and information is located on
Mass Mutual Forms page.  If you are enrolling in the plan, please complete a)enrollment form, b)disclosure statement and c) beneficiary designation and return to Contra Costa County Employee Benefits Service Unit.  New Enrollment or Notification of Change forms must be received by the 25th of the month to be processed for the next 10th of the month pay.

Rollover into Mass Mutual Deferred Compensation Account
If you have questions, please feel free to contact Kerry Avila at 1-866-617-7901. 

One on One Consultations with a Mass Mutual Representative
Feel free to make an appointment with a Mass Mutual Representative to learn more about the 457 Deferred Compensation Program or to review your account. To set up an individual 30 minute appointment, call Kerry Avila at 1-866-617-7901.

2014 Elective Deferral Limits
This dollar limit is the maximum amount of elective deferrals than can be made to an eligible 457(b) plan by a participant.  If the participant participates in more than one cash or deferred arrangement, this limit applies to the aggregate of the amounts contributed (excluding eligible 457(b) plans. For eligible 457(b) plans, a participant can defer up to the full limit in that plan on a separate basis. Note: deferrals cannot exceed compensation.

2014 Annual Catch-Up Contributions Limit
Annual limit may differ for individual participants in certain cases.

This dollar limit applies to employees who are at least 50 years old or who will have attained age 50 by the end of the calendar year and are eligible to make elective deferral contributions to a 457(b) plan. This is a calendar year limit.