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SURS 457 Plan

HR Cougar Corner

At the August 6 Board meeting, Highland’s Board of Trustees approved the Resolution/Agreement to adopt a new 457 Deferred Compensation Plan through SURS. The SURS 457(b) Deferred Compensation Plan allows active members an additional convenient way to save for retirement. The Deferred Compensation Plan was originally set to begin accepting contributions the first payroll period in November 2020, however, due to various setbacks including COVID, the delayed transition of the Retirement Savings Plan, and unexpected programming complexities, the implementation was delayed by SURS. SURS is now ready to start accepting enrollments.

To learn more about the SURS 457 plan, please click on the link below. On the right-side of the page there are Resources available, including information on how to enroll through the SURS Member web site and an informational brochure that provides a good overview of the plan.