City of Los Angeles Personnel Department
Deferred Compensation Plan
The Deferred Compensation Plan is a voluntary supplementary retirement savings plan available to full-time civilian, sworn and DWP employees who are contributing members to their retirement systems.
The Plan provides eligible employees with an opportunity to invest pre-tax dollars or after-tax dollars to help build future wealth and retirement security. If you are contributing pre-tax dollars, your investment accrues on a tax-deferred basis, meaning you will not pay taxes until you take distribution following employment separation. If you are contributing after-tax dollars, your investment accrues on a tax-free basis, meaning you will not pay taxes on earnings (assuming you take a qualifying distribution).
This website provides valuable information regarding the City's administration of the Plan as well as a link to the Plan Administrator's website to enroll in the Plan and/or manage an existing account.
If you would like to receive BDCA agendas by email through the City's Early Notification System, click here.
Annual contribution limits for 2015 have increased from 2014. click here to read more.
Have a question about the plan? E-mail firstname.lastname@example.org
An Equal Opportunity Employer