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Add PEP to Enhance My Retirement

Overview

  • In one simple step, you have a twofold benefit for retirement savings
    • your own 457 Deferred Compensation account and
    • your NDPERS Defined Benefit Plan account balance accumulates with additional employer contributions.
  • The vesting schedule for PEP contributions is based upon your existing service credit in the retirement program and the amount you defer into an approved 457 Deferred Compensation Program.
  • If you do not participate in a 457 Deferred Compensation, you forfeit vesting in the employer contributions.

To enroll