Council adopts Roth 457 option for city employees
Jul 21, 2026
Sylvania council approved Resolution 7-2026 to add a Roth 457(b) option to the Ohio deferred compensation plan as a voluntary choice for employees; council confirmed the city will make no employer contributions to the new option.
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Councilmember Ms. Smith summarized a request from employees and the city’s deferred-compensation representative to add a Roth 457(b) option to the plan. She explained the choice would be an additional voluntary option alongside the existing Voya deferred comp, and said the Roth feature grows tax-deferred under current law.
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