Government Retirement Plans Retirement Plans for Governmental Employers State and local governments may establish Section 457(b) plans. These employee retirement plans allow government employees to:Save automatically through payroll deductionDefer current federal and state income taxChoose how their contributions are investedAlong with pensions and social security, the 457(b) plan may provide an opportunity for government employees to achieve financial security in retirement.Although similar to plans covering private employers, governmental 457(b) plans have unique features. Our firm assists county and city governments in establishing and operating 457(b) plans for their employees.457(b) Plan Summary Fact Sheet As a governmental employer, your organization may offer a unique benefit for your employees. Contact our experienced advisors for information on how these plans operate and may work with your employees and organization.If you have an existing plan, and would like to know if your plan is up to date, contact our advisors for a Second Opinion analysis. Links to existing plan home pages:City of West Union 457(b) Employee Retirement PlanFayette County 457(b) Employee Retirement PlanWinneshiek County 457(b) Employee Retirement PlanResource Links:IRS Government Retirement Plans Toolkit Request Information on Government Retirement Plans Name Email Phone Message Thank you! Oops!