Benefits Call Center: 877-282-0808
401k & Pension
Employee Pension & Retirement Plans
All employees are required to participate in one of the following retirement plans appropriate to their employee group. The City of Boulder contributes to all of these plans.
Public Employees’ Retirement Association (PERA) Defined Benefit Pension
For Non-Union, BMEA, Temporary, and Seasonal employees
Fire & Police Money Purchase Pension Plan & Trust Agreement of the City (“New Hire”)
Defined Contribution Retirement Plan for Fire or Police, including Non-Union Command Staff
Additional Voluntary Retirement Savings Plans
The City of Boulder also offers employees the option to participate in one or both of the following voluntary retirement savings plans:
Administered by PERA and available to PERA retirement plan participants. Includes an array of high-quality and low-cost investment options, including a Roth option.
Available to all employees and administered by MissionSquare Retirement. (formerly known as ICMA) This plan also offers a wide variety of investment options, including a Roth option.
Under either plan, you contribute by deferring either a set dollar amount or percentage of your salary on a pre-tax basis, unless you have elected a Roth post-tax program. All earnings are tax deferred until benefits are distributed to you.
View the IRS's 457(b) vs. 401(k) Plan Comparison to learn more about how these types of plans differ.
City of Boulder
GoToSMBO.com | gotosmbo.com © | All rights reserved.
This information, including any summaries or videos, is for our employees. These documents and videos contain only a partial description of the benefits, limitations, exclusions and other provisions of these plans mentioned. It is not a policy. It is a general overview only. It does not provide all the details of this coverage, including benefits, exclusions and policy limitations. In the event there are discrepancies between these documents and videos, the terms and conditions of the policy will govern.
BENEFITS CONTACT INFO
Copyright All Rights Reserved.