Deferred Compensation 457 Plans
City of Billings employees have the option of participating in deferred compensation 457 Plans which are a voluntary supplemental retirement savings program that allows the participant to make payroll deduction contributions before taxes are deducted.
All full-time employees are eligible to participate and enroll at any time during their employment with the City of Billings.
Employees can invest the funds in a vast array of funding options to obtain the highest return on your investment.
The City works with two separate vendors for the 457 Plans: