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Optional 403(b)/457
Please refer to your Human Resources Contract for information on Employer Matching Contributions

Eligible Employee:
You are able to participate in a tax-sheltered investment program through the payroll deduction method as authorized under Section 403(b) and Section 457 of the Internal Revenue Code.

You can contribute your own dollars. For information regarding matching funds, please see individual employment agreements and collective bargaining agreements.

Non-Eligible Employee:
Employees who are enrolled as students and regularly attending classes offered by the Rochester Public Schools.

To Enroll:
Chose a company from the vendor list and complete the Salary Reduction Agreement Form.

The Payroll Department must have the Salary Reduction Agreement Form by the 10th of the month you want contributions to begin.

To Close Your Account:
You must notify us (complete Salary Reduction Agreement Form) by the 10th of the month.
After the 10th, wait until the first of the following month in order to close your account.

To Change Your Account:
Paper work for 403(b) Exchanges,Transfers and Rollovers
needs to be signed by our Third Party Administrator.


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