The City provides the opportunity for Executive Level employees to enroll in a 401(a) deferred compensation plan. This is a “qualified” retirement plan under Section 401(a) of the Internal Revenue Code. Each eligible participant may “irrevocably” defer a certain dollar amount or percentage of their salary on a pre-tax basis for investment purposes. Eligible plan participants are not taxed on any employer contributions or earnings until they are withdrawn. ICMA-RC currently administers the City’s 401(a) deferred compensation plan.
The ICMA-RC 401(a) ENROLLMENT guide contains complete details of benefits and exclusions.
The 401(a) plan enrollment package can be found on our Benefit Forms page.
If you have additional questions regarding the 401(a) deferred compensation plan, please contact ICMA-RC Member Services at (800) 669-7400. Also, the Human Resources Benefits Division is available to answer benefit questions.
3900 Main St. 5th Floor
Riverside, CA 92522
Phone: (951) 826-5639
Fax: (951) 826-2421
|Mon - Fri||8:00am - 5:00pm|
|Closed on Weekends and Major Holidays|