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COUNTY OF YORK MEMORANDUM DATE:April 18, 2017 (BOS Mtg 5/2/17)TO:York County Board of SupervisorsFROM:Neil A. Morgan, County AdministratorSUBJECT: Commonwealth of Virginia 457 Deferred CompensationStaff
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The Commonwealth of Virginia 457 is a retirement savings plan for employees of the state of Virginia.
Employees of the state of Virginia are required to file for the Commonwealth of Virginia 457 retirement savings plan.
To fill out the Commonwealth of Virginia 457 retirement savings plan, employees can contact their HR department or the plan administrator for assistance.
The purpose of the Commonwealth of Virginia 457 plan is to help state employees save for retirement.
Employees must report their personal information, contributions, investments, and beneficiary details on the Commonwealth of Virginia 457 form.
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