Phone: 503-823-3572
Benefits Line: 503-823-6031
1120 SW 5th Ave, Room 987, Portland, OR 97204
Deferred Compensation Withdrawal Terms and Options
Unforeseeable Emergency Withdrawals
Withdrawals from the City’s 457(b) Deferred Compensation Plan when you are an active employee is restricted by the Internal Revenue Code and Internal Revenue Service (IRS) rules. While you are employed, you may qualify to take an Unforeseeable Emergency
Deferred Comp Payout Options
By participating in a Governmental 457(b) Deferred Compensation Plan, you’ve taken an important step in preparing for retirement. You’ve enjoyed the ease of payroll deducted contributions, as well as the advantages of tax-deferral of both your contributio