START Saving Toward a Richer Tomorrow!
The Johnson County Defined Contribution Program
The START Program is designed to assist employees with a means to build additional retirement savings. ING is your service provider for the START Program. Visit the customized website and access your personal account at: www.ingretirementplans.com/custom/joco
For information about the Kansas Public Employees Retirement System, the County's defined benefit program, please visit www.kpers.org
County Match Increases:
Effective January 1, 2008, the County is increasing the maximum match from 2.5% to 3% of your base bi-weekly earnings. If you are currently contributing 2.5% or less, you may wish to increase your contribution to the START program to 3% to take full advantage of the County match. To make a contribution change, please click here to download the Deferral Change Employee Participation Agreement form. When complete, please forward the form to OFM-Benefits. The change will be made the first of the month following the date the form is dated and received.
Save Today for Tomorrow
Take advantage of National Save for Retirement Week. It’s the perfect time to consider whether you will have enough set aside when you retire. If you haven’t started, begin now. If you are saving, see how well you are doing toward meeting your goals. Having a personal nest egg for when you stop working is essential.
You’ll need more than just KPERS and Social Security.
Take a few minutes this week to see how you are doing.
Useful sites:
www.kpers.org—Kansas Public Employees Retirement System
—Use KPERS’ calculator to estimate your future benefits and find out more about what KPERS does for you now.
www.ssa.gov—Social Security Administration
—You will find calculators to determine what your benefit will be, information on how to apply for benefits and other information about the government retirement system.
www.asec.org—American Savings Education Council
—A useful calculator helps you estimate how much you need to save to meet your retirement goals as well as a number of savings tips and useful brochures.