457 Deferred Compensation Plan
Those eligible to participate in the 457 Deferred Compensation Plan include all employees of:
1. An agency under the personnel authority of the Mayor;
2. A subordinate agency as defined in the Comprehensive Merit Personnel Act of 1978; and
3. If approved by the Mayor, an agency not under the personnel authority of the Mayor or an independent agency
There are no age or length-of-service requirements. Deferrals are made each pay period based on a fixed-dollar amount determined by the employee.
The Office of Finance and Treasury and the DC Department of Human Resources’ Office of Employee Benefits are jointly responsible for the management of DCPlus.
The District's 457(b) Deferred Compensation Plan transitioned to ICMA-RC on September 18, 2015. For updated information, visit DCRetire.com.