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Council adds PSPRS and ASRS 457 deferred-compensation options for employees

3176610 · May 2, 2025
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Summary

The council approved adding Public Safety Personnel Retirement System (PSPRS) and Arizona State Retirement System (ASRS) 457 deferred compensation plan options alongside existing plans to reduce transaction costs for employees and expand investment options.

The Sierra Vista City Council approved a resolution April 10 adding the Public Safety Personnel Retirement System (PSPRS) 457 and Arizona State Retirement System (ASRS) 457 deferred-compensation plan options for city employees in addition to existing plans.

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