oldman Posted April 23, 2010 Posted April 23, 2010 Can a municipality require as as a condition of employement that employees must contribute $25 permonth to a governmental 457(b) plan? The employer in turn will contribute $150 on behalf of each participant.
TLGeer Posted April 23, 2010 Posted April 23, 2010 Can a municipality require as as a condition of employement that employees must contribute $25 permonth to a governmental 457(b) plan? The employer in turn will contribute $150 on behalf of each participant. Nothing in 457 would prohibit this. Tom Geer Thomas L. Geer, J.D., LL.M. Benefit Plan Solutions Blog: http://401k-403b-457-plansblog.blogspot.com/ Email: geertom@gmail.com Phone & Fax: (888) 315-6720
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