City of Seattle Voluntary Deferred Compensation Plan
Updated My Interactive Retirement Planner (MIRP)
Check out the revamped My Interactive Retirement Planner (MIRP). Get a more detailed view of your projected retirement income. Log into your account today.
This plan allows all persons identified as an employee under the Seattle Municipal Code to invest in their future by building a retirement savings account using payroll deductions.
Employees in an exempt position or a permanent non-exempt position, may be eligible for a defined benefit plan. Refer to the Pension links on this page for more information.
New or Existing Participants
Interested in Enrolling? All current City employees (regardless of benefits eligibility) can enroll in the Plan. Employees can enroll starting with as little as $10 per paycheck. Get started with these resources:
Leaving City Employment? Employees thinking of leaving City employment can check out these resources to help in decision-making.
Need Help? Where to Find Us
Employees may access their account information online at www.cityofseattledeferredcomp.com. Nationwide representatives can be reached at (855) 550-1757. Representatives are available Monday through Friday, 5 a.m. - 8 p.m. and Saturday, 6 a.m. - 3 p.m PT. Employees may also reach out to one of the Plan's dedicated Education Consultants at (206) 447-1924 or visit them in the Seattle Municipal Tower (SMT), Suite 1635. The representatives will be working remotely until SMT is fully reopened.
If employees need to contact City of Seattle Deferred Compensation Plan management, please send an email to DeferredCompQuestions@seattle.gov.
Deferred Compensation Meetings
Upcoming Live Virtual Education Sessions
April 2023 Webinar Series: Focus on Taxes and Deferred Compensation:
This two-part webinar series will be offered twice in the month of April. A timely topic focusing on two subjects:
1) How Deferred Compensation can affect your taxes while you're contributing: This will include the difference between Roth and Pre-tax, how to make changes, and considerations that may impact your taxes
2) Deferred Comp Distributions and Taxes: Whether you're taken a distribution or are planning on taking one in the future, this will focus more on how taxes work on your Deferred Compensation distributions.
Register for one of the dates below using this registration link (same for all).
- 04/05 from 12-12:30pm: How Deferred Comp Contributions Impact Taxes (pt. 1) - 30 min.
- 04/12 from 12-12:30pm: Deferred Comp Distributions & Taxes (pt. 2) - 30 min.
- 04/19 from 12-12:30pm: How Deferred Comp Contributions Impact Taxes (pt. 1) - 30 min.
- 04/26 from 12-12:30pm: Deferred Comp Distributions & Taxes (pt. 2) - 30 min.
May Webinar Series:
- Deferred Compensation Online Tools & Resources - 45 min.
This presentation will go over the various tools and resources available to you at www.seattledcp.com. We will do a live demonstration of how to access tools before and after logging on, how to find things such as your statement, use the retirement planning calculator, and more! Offered two times in May.- 05/31 from 9am-9:45am: Registration Link
- 05/31 from 12pm-12:45pm: Registration Link
Investment Overview and Upcoming Fund Changes (Lunch & Learn) - RECORDING AVAILABLE
Hyas Group, the City of Seattle's Deferred Compensation Plan’s Investment Advisor, will be providing an overview of the new investment lineup. Open session for questions to follow.
- View recording of session
- Password (case sensitive): Investments1
Recorded Workshops and Videos
In addition to our live Virtual Education Sessions you can view recorded workshops and videos to learn more about Deferred Compensation with Nationwide.
Health Care Costs and Retirement (Recorded Webinar)
Social Security - The Choice of a Lifetime (Recorded Webinar)
DC Trust Committee 2022 Meeting Schedule
- 10:00am to 12:00pm on Wednesday, January 25, 2023
- 10:00am to 12:00pm on Wednesday, March 22, 2023
- 10:00am to 12:00pm on Wednesday, May 24, 2023 via webex or see the hybrid note below.
- 10:00am to 12:00pm on Wednesday, July 26, 2023
- 10:00am to 12:00pm on Wednesday, September 27, 2023
- 10:00am to 12:00pm on Wednesday, November 29, 2023
If you would like to attend a hybrid meeting in person, please RSVP in advance to deferredcompquestions@seattle.gov. You will need to arrive at the Seattle Municipal Tower elevator bank that leads to Floor 40 on Floor 4 no later than 9:45am. If you arrive later, please call Susan Wilson at (206) 399-8367.
DC Trust Committee Agendas and Minutes
Trust Committee Agendas and Minutes for the City of Seattle Voluntary Deferred Compensation Plan
| May 24, 2023 Meeting | Agenda | |
| March 22, 2023 Meeting | Agenda | |
| January 25, 2023 Meeting | Agenda | Minutes |
| November 30, 2022 Meeting | Agenda | Minutes |
| September 28, 2022 Meeting | Agenda | Minutes |
| July 23, 2022 Meeting | None | CANCELED |
| May 25, 2022 Meeting | Agenda | Minutes |
| March 23, 2022 Meeting | Agenda | Minutes |
| January 26, 2022 Meeting | Agenda | Minutes |
| December 2, 2021 Meeting | Agenda | Minutes |
| September 22, 2021 Meeting | Agenda | Minutes |
| July 28, 2021 Meeting | Agenda | Minutes |
| May 26, 2021 Meeting | Agenda | Minutes |
| March 24, 2021 Meeting | Agenda | Minutes |
| January 27, 2021 Meeting | Agenda | Minutes |
Deferred Compensation Documents
Deferred Compensation Personnel
Trust Committee
- Rick Sheridan, Chair
- Jeff Davis, Secretary
- Jamie Carnell
- Jessica Jaeger
- Kimberly Loving
- Dennis Karl, Union Representative
- Tania Torres, Union Representative
City of Seattle Administrative Plan Staff
- Michelle Ell, Manager
- Tony Dozier, Senior Analyst
- Malia Bonham, Analyst
Nationwide On-site Education Representatives
- Susan Wilson - (206) 399-8367, wils931@nationwide.com
- Olivia Anastasi - (614) 395-2476, anasto1@nationwide.com