Under the SACT program employee contributions are invested conservatively in the stock market. Employees may contribute between 1 and 10 percent of their base salaries. The ACTS Program allows for eligible employees to obtain supplemental tax-deferred annuities with a variety of carriers through a salary reduction agreement.
Participants can direct voluntary contributions among six authorized investment vendors.
Each vendor provides a selection of investment choices to meet the needs and goals of retirement planning. For further information and eligibility criteria for any of the above programs, please contact the Office of Human Resources, Employee Services.