Savings Plus Programs 401(k) & 457
The Savings Plus Programs are administered by the State Department of Personnel Administration. The minimum monthly contribution for each plan is $20.00.
Temporary employees enrolled in the PST Retirement Plan are not eligible to participate in these programs.
For more information, visit Savings Plus Program.
401(k) Plan
This plan allows a maximum pre-tax deduction of $17,500 for the 401(k) plan for 2013. There is no employer matching contribution.
457 Plan
This plan allows a maximum pre-tax deduction of $17,500 for 2013. There is no employer matching contribution.
2013 Comparison Chart (PDF) Tax Sheltered Annuity 403(b), State Deferred Compensation 457 and State Thrift 401(k) Plan