The National Association of Counties (NACo), in partnership with Nationwide Retirement Solutions (NRS), and state associations of counties, provides county employees with a Section 457 Deferred Compensation Program. Since its inception in 1980, NACo’s Deferred Compensation Program has grown to become the largest supplemental retirement income program available to county employees. More than 427,000 county employees from more than 3,000 county agencies currently participate in the Program, with accumulated assets of more than $28 billion.
NACo created a Deferred Compensation Advisory Committee to act as an advocate for counties and their employees who participate in the NACo Deferred Compensation Program. Their mission is to assure that the financial and retirement goals of the county’s employees are being well served by the program.
The Advisory Committee is charged with the responsibility of making recommendations to the NACo Services Board of Directors for improvements to the program. In addition to its role as advisor, the Committee assists NACo staff and consultants in the oversight and quality control functions to insure that the Program operates in the best interest of counties and their employees. The Advisory Committee also provides information and guidance to the program’s administrator to assist them in the areas of marketing, administrative, operational, and investment activities so that the Program remains competitive and of the highest quality.
To learn more about serving on this committee please click here. If you are interested in joining the committee, please email Annie Olson.