Board adopts ACCG 457(b) and 401(a) plan resolutions, effective Dec. 1, 2025
The commission adopted resolutions to replace the county's VALIC retirement plans with ACCG 457(b) and 401(a) plans; the resolution notes the new plans take effect Dec. 1, 2025 and details transfer and discontinuation dates.
The full story
At the Dec. 2 meeting the commission approved resolutions adopting the Association County Commissioners of Georgia (ACCG) 457(b) Deferred Compensation Plan and the ACCG 401(a) Defined Contribution Plan for county employees. The resolution states the new plans will replace the county's prior VALIC plans and specifies an effective date of Dec. 1, 2025. It also directs that contributions to the old plans be discontinued as of Nov. 30, 2025 and that participants may transfer balances to the new ACCG plans at their direction.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in