Knox County Tennessee

Deferred Compensation Plan (457 Plan)

Voluntary Retirement Plan

Participants in the Asset Accumulation Plan (Asset Plan), Closed Defined Benefit Plan (Closed DB Plan), Sheriff’s Total Accumulation Retirement Plan (STAR), and Uniformed Officers Pension Plan (UOPP) are eligible to make pretax contributions up to the IRS limits. Participants in the Asset Plan may be eligible for employer matching contributions based upon years of service. Closed DB Plan participants are eligible for a specific employer match. Participants in STAR and UOPP are not eligible for employer matching contributions. Participants direct the investment of their account.

Please note:
This summary highlights the provisions of the Deferred Compensation Plan which are written in a Plan and Trust Agreements. It is not meant to interpret, extend or change the Plan in any way. Accordingly, the actual and complete provisions of the Plans can only be determined accurately by consulting the Plan and Trust Agreements. In the event of any discrepancy between this summary and the actual provisions of the Plan, the Plan shall govern.

Documents related to the to Deferred Compensation Plan can be found on this site.

Important information:

There may have been changes to the Plan document since the SPD was written; those changes have been incorporated into the Plan document.