News Article
Deferred Compensation forms for the 3-Year Catch-Up and Final Paycheck have been updated and are now available. Employees are encouraged to email completed forms to Benefits@portlandoregon.gov at least five (5) days before their retirement date to ensure timely processing.
Published
Two Deferred Compensation forms have been updated and are now available:
- 3-Year Catch-Up Form
Used by employees who are nearing retirement and want to increase their deferred compensation contributions above the standard annual limit, if eligible. This option allows you to "catch up" on unused contribution limits from prior years. - Final Paycheck Form
Used by employees who want to make a deferred compensation contribution from their final paycheck when separating or retiring from the City.
Paper forms are accepted; however, to ensure timely processing, we strongly encourage emailing your completed form to Benefits@portlandoregon.gov.
Important: Forms must be received at least five (5) days before your retirement date to meet the deadline to participate. Employees who have already completed forms do not need to send new ones our way.
If you have questions, the Benefits team is here to help. You can also learn more about setting up, or changing your Deferred Compensation amount online.