Deferred Compensation

What is Deferred Compensation?

All regular full-time and part-time employees can participate in the City’s Deferred Compensation Plan. This voluntary supplemental 457(b) retirement program allows you to have part of your salary withheld and invested for payment to you upon retirement or employment separation. 

• Three Simple Steps
• See Overview Presentation

Maximum Deferral Limits

Contribution changes completed through your Voya member account are effective in the next month as soon as administratively possible. This is usually the pay period that includes the first of the month after the change is submitted, but timing may vary due to payroll processing dates.

Deferred Compensation Committee

The Deferred Compensation Committee consists of employees from various departments and labor unions who are appointed by the City Manager. The responsibilities of the committee are outlined in the City of Eugene Deferred Compensation Plan and include overseeing the plan investments.

Handbook and Plan Document

• Deferred Compensation Handbook
• Deferred Compensation Plan Document
• Deferred Compensation Plan Summary

Former Employees

• Former Employees - Part of the Family
• Former Employees - Stay in Plan

Voya On-Site Hours

**As of this time, all meetings have been cancelled - please call Voya directly to schedule a meeting.**

Note: Contact your supervisor for approval to attend any meeting times during your regular work hours. Meetings are not considered work time. 

Public Works Maintenance - 1820 Roosevelt Blvd. (check in at the front desk)    

• First Tuesday of each month, 1:00 p.m. - 5:00 p.m.

Voya Office - 975 Oak St, Suite 410

• Second Tuesday of each month, 1:00 p.m. - 5:00 p.m.

Planning and Development Dept. - Atrium Building - 99 W. 10th, Room 220. 

• Third Thursday of each month, 1:00 p.m. - 5:00 p.m.

Local representatives are Elle Brooks/Kim Blackmore - 541-343-6759 Options 1 or 2 

Deferred Comp Administrator