Deferred Compensation

Deferred Compensation 457 Plans
City of Billings employees have the option of participating in deferred compensation 457 Plans which are a voluntary supplemental retirement savings program that allows the participant to make payroll deduction contributions before taxes are deducted.

All full-time employees are eligible to participate and enroll at any time during their employment with the City of Billings.

Employees can invest the funds in a vast array of funding options to obtain the highest return on your investment.

The City works with two separate vendors for the 457 Plans:
ICMA - RC Forms and Publications
http://www.icmarc.org/for-individuals/publications-and-forms.html

Nationwide Retirement Solutions Forms
https://www.nrsforu.com/iApp/tcm/nrsforu/support/forms/index.jsp