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Council adds MERS 457 deferred compensation option for employees

5809815 · September 10, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Garden City council unanimously approved adding the MERS 457 deferred compensation plan as a supplemental retirement option for city employees, effective Oct. 1, 2025; city manager said the plan expands employee choices and is a payroll pass-through.

The Garden City City Council voted 7-0 on Sept. 8 to add the MERS 457 deferred compensation plan as an employee supplemental retirement option, effective Oct. 1, 2025.

City Manager Gibbons explained the change during the meeting, describing the addition as an expansion of options for employees alongside existing programs such as Empower Nationwide and MissionSquare. "The city of Garden City offers…

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