Deferred Compensation is allowed and regulated under IRS Section 457 for public employees. You may defer eligible earnings up to the annual maximum set by the IRS. The County requires a minimum contribution of 1% of your wages while participation is active.

Contribution Limits

On Nov. 1, 2023, the Internal Revenue Service issued Notice 2023-75 stating the dollar limits for 457 plans changed for 2024.

457 Deferral Limits: The lesser of the limitation on vested contributions to 457 plans under Internal Revenue Code (IRC) Section 457(e) (15) or 100% of includible compensation went from $22,500 in 2023 to $23,000 for 2024.

457 Catch-up Limit: The special catch-up election for employees participating in an eligible 457 Deferred Compensation plan who have elected the special catch-up available in the three years prior to the year of normal retirement age went from $45,000 in 2023 to $46,000 in 2024.

Age 50+ Catch-up Limits: The special catch-up available under IRC Section 414(v) for individuals at least 50 years old in 2023 to make eligible pre-tax contributions to 401(k), 403(b), and governmental 457 plans did not change. It was $7,500 for 2023 and remains $7,500 for 2024.

You may make changes to your contribution amounts up to six times per calendar year by calling Voya at 1.800.584.6001 or logging into your Voya account online at

**There are two types of catch up provisions available; Special Catch-Up and Age 50+ Catch-Up.