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Deferred Compensation


The City of Chattanooga offers to all employees a deferred compensation plan through Mass Mutual, Nationwide, ING and ICMA, national investment and insurance companies specializing in deferred compensation plans for governments (also known as 457 plans). The following are some of their features:

Comprehensive participant services include:

  • On-site enrollment meetings.
  • Individual retirement education sessions with a local/regional representative.
  • Educational materials for participants at all stages of the retirement planning.
  • Quarterly Statements of Account and informative newsletters.
  • Toll-free customer service number with transactional capability.

Important program features include:

  • A wide variety of investment choices, professional managed by some of the best-known money managers in the industry, and spanning the risk/reward spectrum.
  • Multiple investment platforms to choose from.
  • Full service and investment only alternatives.
  • Competitive General (Declared Rate) Account rates.
  • A variety of annuity payout options.

For further information about The City of Chattanooga's deferred compensation plan, you can contact, Paul Boylan, at (423) 642-7381 or at boylan_p@chattanooga.gov.

Human Resources
2nd Floor City Hall
101 E. 11th Street (map)
Chattanooga, TN 37402

Phone (423) 643-7200
Fax (423) 643-7226
Email: webHR@chattanooga.gov

Wellness & Safety Division
620 E. 11th Street (map)
Chattanooga, TN 37403
(423) 643-6441

Employee Benefits
2nd Floor City Hall
101 E. 11th Street (map)
Chattanooga, TN 37402
(423) 643-7220

Photo by Mike Williams