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- Can I purchase PERS service credits with my 457 or 401(a) dollars?
- Can I take a loan from my 457 or my 401(a) plan?
- How is the performance of the offered investment options evaluated?
- What are the enrollment periods for the 457 and 401(a) plans?
- What are the participation rates for the 457 and 401(a) plans?
- What are the responsibilities of the Deferred Compensation Committee?
- What is a Roth 457 plan?
- What is the authority of the Washoe County Deferred Compensation Committee?
- What is the minimum contribution required for participation in the plans?
- Where can I get more information and education on saving for my retirement?
- Why does Washoe County have only one provider for the Deferred Compensation plans?
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Can I purchase PERS service credits with my 457 or 401(a) dollars?
457(b) participants may transfer any portion of their account balance to a defined benefit government plan (NVPERS) at any time during employment. 401(a) participants may be eligible to purchase PERS service credit within a limited period following separation from employment. All service credit purchases must be coordinated with NVPERS by calling 775-687-4200 or visiting www.nvpers.org. Participants are encouraged to contact the County’s local Voya representative, Tom Verducci, at 775-530-3089, or the Voya Retirement Readiness Service Center at 1-800-584-6001 for guidance prior to separation.