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Thank you for your interest in adopting the CalPERS 457 Plan

 

 

 For more than two decades, we have been offering a Deferred Compensation Plan to public agency and school employers and their employees. Our commitment always remains the same — to provide financial security, value, low cost and quality customer service to employers and Plan participants.

We leverage our financial strength, experience and world class investment management to keep costs low and provide Plan participants unique investment options found nowhere else. We continually seek to discover enhancement opportunities that will not only benefit employees who are currently enrolled, but those who will participate in the future.

 

  
Employer Cents Newsletter
   
Making Cents Newsletter

 
forms icon Five simple steps to adopt the CalPERS 457 Plan   ^ TOP OF PAGE

 
STEP 1
Request your governing body to adopt the CalPERS 457 Plan by executing a Model Resolution.
STEP 2
Execute a copy of the Employer Adoption Agreement.
STEP 3
Complete the New Employer Information Sheet.
STEP 4
Optional: Complete the Employer Loan Provision Form if you would like to offer participants the ability to borrow from their accounts.
STEP 5
Complete and mail the Employer Adoption Checklist and send the appropriate fully executed documentation via email, standard mail, or overnight mail.

Digital Delivery:
CalPERS_457_Plan@calpers.ca.gov		 Standard Delivery:
CalPERS 457 Plan
P.O. Box 942713
Sacramento, CA 94229-2713		 Overnight Delivery:
CalPERS 457 Plan
400 Q Street
Sacramento, CA 95811

 
     
plan adotion materials icon Plan Adoption Materials   ^ TOP OF PAGE
 

Employer Overview

CalPERS 457 Plan Adoption Kit (2025)

Employer Adoption Kit Checklist

CalPERS 457 Deferred Compensation Plan Document (2025)

Model Resolution

Employer Adoption Agreement

New Employer Information Sheet

Loan Feature Overview

Optional Employer Loan Provision Form

CalPERS 457 Roth Plan Overview

SMA Overview

 
     
investment icon Investment Option Information   ^ TOP OF PAGE
  Fund Fact Sheets
Quarterly — as of September 30, 2025		 457 Performance Report
Monthly — as of December 31, 2025
     
contact icon Contact CalPERS   ^ TOP OF PAGE
 

For more information on adding the CalPERS 457 Plan, please contact our Business Development Manager, Michael Kleczek.

  • The local CalPERS 457 Account Managers are also available to help. Organized by region — call or email your local Account Manager today!

We’re ready to help. If you have any questions or need additional information, call Michael at 916-521-2943 and talk with our local experts who know the CalPERS 457 Plan well.

 

 

 

Photo of Michael Kleczek

Michael Kleczek
CalPERS 457 Business Development Manager
Phone: 916-521-2943
michael.kleczek@voya.com

 

 
Your choice, simplified.