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The City of Portland, Oregon

Office of Management & Finance

Bureau of Human Resources

Knowledgeable | Helpful | Responsive

Phone: 503-823-3572

Benefits Line: 503-823-6031

1120 SW 5th Ave, Room 987, Portland, OR 97204

More Contact Info

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