CalPERS Employer Resource Center

Thank you for your interest in adopting the CalPERS 457 Plan

For more than two decades, we have been offering a Deferred Compensation Plan to public agency and school employers and their employees. Our commitment always remains the same — to provide financial security, value, low cost and quality customer service to employers and Plan participants.

We leverage our financial strength, experience and world class investment management to keep costs low and provide Plan participants unique investment options found nowhere else. We continually seek to discover enhancement opportunities that will not only benefit employees who are currently enrolled, but those who will participate in the future.

Employer Cents Newsletter

Making Cents Newsletter

Six simple steps to adopt the CalPERS 457 Plan today!

STEP 1	Log in to my\|CalPERS under your agency log-in, and submit your request to add the CalPERS 457 Plan as a new Agreement through your Profile-Agreements page by selecting the Add New. You may also identify if you are interested in our optional Loan and Roth Plan Provisions.
STEP 2	A CalPERS 457 Plan Representative will reach out to your agency to ensure you have the most up to date Employer Adoption Agreement, Model Resolution, and Employer Loan Provision Form.
STEP 3	Execute a copy of the Employer Adoption Agreement
STEP 4	Have your governing board/entity execute a CalPERS 457 Plan Model Resolution.
STEP 5	Optional Provision: Complete the Employer Loan Provision Form if you would like to offer participants the ability to borrow from their plan accounts.
STEP 6	Complete and mail the Employer Adoption Checklist Coversheet and attach to the appropriate documentation with original signatures. Standard Delivery: CalPERS 457 Plan P.O. Box 942713 Sacramento, CA 94229-2713 Overnight Delivery: CalPERS 457 Plan 400 Q Street Sacramento, CA 95811

Brochure Covers Employer Overview

CalPERS 457 Plan Adoption Kit (2024)

Employer Adoption Kit Checklist

CalPERS 457 Deferred Compensation Plan Document (2023)

Model Resolution

Employer Adoption Agreement

New Employer Information Sheet

Loan Feature Overview

Optional Employer Loan Provision Form

CalPERS 457 Roth Plan Overview

SMA Overview

Fund Fact Sheets (Quarterly)
(as of September 30, 2024)

457 Performance Report (Monthly)
(as of October 31, 2024)

For more information on adding the CalPERS 457 Plan, please contact our Business Development Manager, Michael Kleczek.

The local CalPERS 457 Account Managers are also available to help. Organized by region — call or email your local Account Manager today!

We’re ready to help. If you have any questions or need additional information, call Michael at 916-521-2943 and talk with our local experts who know the CalPERS 457 Plan well.

Michael Kleczek
CalPERS 457 Business Development Manager
Phone: 916-521-2943
michael.kleczek@voya.com