Colleen C. Davis
State Treasurer

DEFER – Employee Deferred Compensation Plans


Delaware DEFER can help you reach your retirement goals. Retired couple walking outside at the beach. Delaware DEFER logo


About the Plan

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.

Click below to learn why the best time to enroll in DEFER is NOW!


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.

Delaware DEFER can help you in your retirement journey

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


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.

Check Your Broker 

Always research the background and experience of your prospective financial broker, advisor, or firms.

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