Deferred Compensation Form For Ptsd In Oakland
Category:
State:
Multi-State
County:
Oakland
Control #:
US-00417BG
Format:
Word;
Rich Text
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Description
Deferred compensation is an arrangement in which a portion of an employee's income is paid out at a date after which the income is actually earned. A Deferred Compensation Agreement is a contractual agreement in which an employee (or independent contractor) agrees to be paid in a future year for services rendered. Deferred compensation payments generally commence upon termination of employment (e.g., retirement) or death or disability before retirement. These agreements are often geared toward anticipated retirement in order to provide cash payments to the retiree and to defer taxation to a year when the recipient is in a lower bracket. Although the employer's contractual obligation to pay the deferred compensation is typically unsecured, the obligation still constitutes a contractual promise.
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Welcome. MissionSquare Retirement is pleased that the City of Oakland has selected us as the sole provider for your 457(b) Deferred Compensation Plans. Use VA Form 210781 if you've been diagnosed with a mental health condition related to a traumatic event during your military service.FullTime and Permanent Parttime employees can enroll in the 457 Deferred. Many of these disabilities involve some form of Post-Traumatic Stress Disorder (PTSD).