“DEFER” is the voluntary retirement program (457b, 403b and 401a savings plans) available to most State of Delaware employees including employees of the Legislature, Judicial, and Higher Education Institutions. Participation in the deferred compensation plan is a critical component of a balanced plan for retirement alongside Social Security, pension, and personal savings. The steps you take today will affect how you spend tomorrow.
Para conectarse con un asociado de servicio al cliente de habla hispana, llame al 1 (800) 584-6001.
Need help determining how much of your biweekly, monthly, or annual income you can contribute towards your retirement? Our Available Income Calculator can help do the math.
Over 32,000 active and former state employees participate in the program with active employee enrollment increasing rapidly over the last several years. The plan is supervised by the Plans Management Board. For more information on board meetings and to review plan documents, visit the Plans Management Board page.
Learn more about investment options and other provisions available in the 457(b) plan and the 403(b) plan.
Download our plan comparison guide.
Need help with your plan questions, we are here to help! For contact information, click here.
Schedule a meeting with a Voya representative
or
Start saving today and enroll in Delaware DEFER
Do you have questions as you get closer to retirement? Download our “Nearing Retirement Checklist“
Are you considering purchasing Delaware Pension service credits? Download the form here.
For more information on deferring your annual leave and sick time payout click here.
Are you age 50 or above or within three years of retirement? If so, you may be able to take advantage of the 457 Deferred Compensation Plan’s available catch-up contributions.
457(b) Special Catch-Up Calculator Need help determining if you are eligible for the 457(b) 3-year Special Catch-Up election? Do you know how much you can contribute to your employer’s 457(b) retirement plan in the current year? This calculator can help you understand your options.
View the 457(b) Special Catch-Up Form
For more information on opportunities to catch up on contributions, contact a Voya representative.
Other sources of retirement income can include:
• State of Delaware Office of Pensions
• Social Security Administration
myOrangeMoney® Retirement Calculator
Use myOrangeMoney® to show you the future monthly income you may need and your progress toward that goal.
Always research the background and experience of your prospective financial broker, advisor, or firms.
Related Topics: Colleen C. Davis, DEFER, office of the state treasurer, Retirement, Retirement Savings Plan, state treasurer
Delaware's Governor
State Agencies
Elected Officials
General Assembly
Delaware Courts
State Employees
Cities & Towns
Delaware State Code
State Regulations
Business First Steps
Phone Directory
Locations Directory
Public Meetings
Voting & Elections
Transparency
Delaware Marketplace
Tax Center
Personal Income Tax
Privacy Policy
Weather & Travel
Contact Us
Corporations
Franchise Tax
Gross Receipts Tax
Withholding Tax
Delaware Topics
Help Center
Mobile Apps
E-mail / Text Alerts
Social Media
Built by the Government Information Center
©MMXXIII Delaware.gov
