The CalPERS 457 Plan is a deferred compensation plan administered by CalPERS, a California state agency. Since 1995, CalPERS has provided public agency and school employers and their employees a low-cost, convenient way to save for retirement through payroll deduction. The 457 Plan offers diversified investment options and state-of-the-art services, delivered at low cost to participants and at no cost to employers.
| • | No cost to employers. |
| • | Low costs for employees. |
| • | Dedicated support for employers. |
| • | Excellent customer service and participant education. |
| • | Uncomplicated administrative processes. |
| • | A simple, fair fee structure covers plan administration, recordkeeping and investments. |
| • | Over 20 years of experience serving California public agency and school employers and their employees. |
| • | CalPERS does not engage in revenue sharing or administrative expense reimbursement. |
