{"id":1257,"date":"2024-10-15T19:09:50","date_gmt":"2024-10-15T23:09:50","guid":{"rendered":"https:\/\/benefits.atlantaga.gov\/2025\/?page_id=1257"},"modified":"2024-10-29T15:31:20","modified_gmt":"2024-10-29T19:31:20","slug":"401a-defined-contribution-plan","status":"publish","type":"page","link":"https:\/\/benefits.atlantaga.gov\/2025\/active-employees\/401a-defined-contribution-plan\/","title":{"rendered":"401(a) Defined Contribution Plan"},"content":{"rendered":"\n<div class=\"wp-block-wps-content-blocks-page-banner page-banner\"><div class=\"bg-image\"><img decoding=\"async\" width=\"2000\" height=\"1500\" loading=\"lazy\" class=\"bg-image inline-image wp-image-664\" src=\"https:\/\/benefits.atlantaga.gov\/2025\/wp-content\/uploads\/2023\/10\/actives.jpg\" alt=\"\" style=\"object-fit:cover;object-position:50% 25%\" srcset=\"https:\/\/benefits.atlantaga.gov\/2025\/wp-content\/uploads\/2023\/10\/actives.jpg 2000w, https:\/\/benefits.atlantaga.gov\/2025\/wp-content\/uploads\/2023\/10\/actives-600x450.jpg 600w, https:\/\/benefits.atlantaga.gov\/2025\/wp-content\/uploads\/2023\/10\/actives-1800x1350.jpg 1800w, https:\/\/benefits.atlantaga.gov\/2025\/wp-content\/uploads\/2023\/10\/actives-768x576.jpg 768w, https:\/\/benefits.atlantaga.gov\/2025\/wp-content\/uploads\/2023\/10\/actives-1536x1152.jpg 1536w\" sizes=\"auto, (max-width: 2000px) 100vw, 2000px\" \/><\/div>\n<div class=\"wp-block-wps-content-blocks-page-banner-content page-banner__content\">\n<h1 class=\"wp-block-heading\">401(a) Defined Contribution Plan<\/h1>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:80px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<p class=\"is-style-lead\">The City of Atlanta implemented a mandatory 401(a) Defined Contribution Plan for full-time permanent general employees (not including sworn police officers and firefighters) hired on or after July 1, 2001.<\/p>\n\n\n\n<p>Effective November 2005, this plan was amended to exclude full-time permanent general employees hired after that date that are classified \u201covertime eligible\u201d or are in pay grade 18 or below. These employees will participate in the City of Atlanta General Employees Defined Benefit Pension Plan.<\/p>\n\n\n\n<p>Effective January 1, 2025, all participants in the Hybrid 2011 plan will be transitioned to the 2025 Defined Benefit pension plan.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"accordion-block\"><button class=\"wp-block-wps-content-blocks-accordion accordion-button\" title=\"Toggle Accordion\" aria-expanded=\"false\" aria-controls=\"accordion-content_945\"><span class=\"accordion-title\" id=\"accordion-title_703\">How to Enroll<\/span><span class=\"accordion-icon\"><\/span><\/button><div class=\"accordion-content\" id=\"accordion-content_945\" aria-labelledby=\"accordion-title_703\" role=\"region\">\n<p>Employees eligible to participate in the 401(a) Defined Contribution Plan must complete an enrollment form and make their investment fund selections during their onboarding process. For enrollment assistance, including investment education, please call Empower at&nbsp;<strong>800-701-8255<\/strong>.<\/p>\n<\/div><\/div>\n\n\n\n<div class=\"accordion-block\"><button class=\"wp-block-wps-content-blocks-accordion accordion-button\" title=\"Toggle Accordion\" aria-expanded=\"false\" aria-controls=\"accordion-content_216\"><span class=\"accordion-title\" id=\"accordion-title_918\">Managing Your Account<\/span><span class=\"accordion-icon\"><\/span><\/button><div class=\"accordion-content\" id=\"accordion-content_216\" aria-labelledby=\"accordion-title_918\" role=\"region\">\n<p>For current 401(a) Defined Contribution Plan participants seeking transaction assistance and account inquiries, please contact Empower at&nbsp;<strong>800-701-8255<\/strong>.<\/p>\n\n\n\n<p>Once your account is established, access your account online at&nbsp;<a href=\"http:\/\/www.empowermyretirement.com\">www.empowermyretirement.com<\/a>.<\/p>\n\n\n\n<p>Upon termination, 401(a) Defined Contribution Plan participants must contact Empower at&nbsp;<strong>800-701-8255<\/strong> to begin the process of Pension Fund withdrawal.<\/p>\n<\/div><\/div>\n\n\n\n<div class=\"accordion-block\"><button class=\"wp-block-wps-content-blocks-accordion accordion-button\" title=\"Toggle Accordion\" aria-expanded=\"false\" aria-controls=\"accordion-content_871\"><span class=\"accordion-title\" id=\"accordion-title_413\">Review Your Account with an Empower Retirement Counselor<\/span><span class=\"accordion-icon\"><\/span><\/button><div class=\"accordion-content\" id=\"accordion-content_871\" aria-labelledby=\"accordion-title_413\" role=\"region\">\n<p>Open Enrollment is a great time to review your retirement accounts with one of Empower\u2019s Retirement Counselors. They&nbsp; can help you keep your retirement plan on track. It\u2019s easy to schedule a meeting through the links below. Empower is here year-round to keep your retirement plan rock solid.<\/p>\n\n\n\n<p><strong>Alex Gunther<br><\/strong>Dedicated Retirement Counselor \u2013 City of Atlanta<br>Empower<br>470-249-5237<br>Alexander.gunther@empower.com<br><a href=\"https:\/\/prudential-retirement.my.salesforce-sites.com\/cts?Id=a3S3b000000cb3OEAQ\" target=\"_blank\" rel=\"noreferrer noopener\">Click here to schedule an appointment<\/a><\/p>\n\n\n\n<p><strong>Eric Berry<br><\/strong>Dedicated Retirement Counselor, City of Atlanta<br>Empower<br>470-734-4197<br>Eric.berry@empower.com<br><a href=\"https:\/\/prudential-retirement.my.salesforce-sites.com\/cts?Id=a3S3b000000aA7XEAU\">Click here to schedule an appointment<\/a><\/p>\n<\/div><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<div class=\"wp-block-group sidebar-navigation has-tertiary-background-color has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"padding-top:var(--wp--preset--spacing--50);padding-right:2rem;padding-bottom:var(--wp--preset--spacing--50);padding-left:2rem\">\n<h3 class=\"wp-block-heading is-style-h4 has-quaternary-color has-text-color has-link-color wp-elements-d68f4955811183ad302b6c06d7c32de2\" style=\"margin-top:0;margin-bottom:0\"><a href=\"https:\/\/benefits.atlantaga.gov\/2025\/active-employees\/\" data-type=\"page\" data-id=\"90\">Active Employees<\/a><\/h3>\n\n\n            <nav translate=\"no\" class=\"sidebar-navigation\" aria-label=\"Sidebar\">\n            <ul class=\"menu\">\n                <li class=\"page_item page-item-145\"><a href=\"https:\/\/benefits.atlantaga.gov\/2025\/active-employees\/medical-plan-options\/\">Medical Plan Options<\/a><\/li>\n<li class=\"page_item page-item-223\"><a href=\"https:\/\/benefits.atlantaga.gov\/2025\/active-employees\/health-savings-account\/\">Health Savings Account<\/a><\/li>\n<li class=\"page_item page-item-1228\"><a href=\"https:\/\/benefits.atlantaga.gov\/2025\/active-employees\/flexible-spending-accounts\/\">Flexible Spending Accounts<\/a><\/li>\n<li class=\"page_item page-item-1232\"><a href=\"https:\/\/benefits.atlantaga.gov\/2025\/active-employees\/dental-plan-options\/\">Dental Plan Options<\/a><\/li>\n<li class=\"page_item page-item-1235\"><a href=\"https:\/\/benefits.atlantaga.gov\/2025\/active-employees\/vision-plan\/\">Vision Plan<\/a><\/li>\n<li class=\"page_item page-item-1239\"><a href=\"https:\/\/benefits.atlantaga.gov\/2025\/active-employees\/wellness-programs\/\">Wellness Programs<\/a><\/li>\n<li class=\"page_item page-item-1243\"><a href=\"https:\/\/benefits.atlantaga.gov\/2025\/active-employees\/life-insurance\/\">Life Insurance<\/a><\/li>\n<li class=\"page_item page-item-1246\"><a href=\"https:\/\/benefits.atlantaga.gov\/2025\/active-employees\/short-term-disability\/\">Short-Term Disability<\/a><\/li>\n<li class=\"page_item page-item-1250\"><a href=\"https:\/\/benefits.atlantaga.gov\/2025\/active-employees\/supplemental-benefits\/\">Supplemental Benefits<\/a><\/li>\n<li class=\"page_item page-item-1253\"><a href=\"https:\/\/benefits.atlantaga.gov\/2025\/active-employees\/deferred-compensation-plan\/\">Deferred Compensation Plan<\/a><\/li>\n<li class=\"page_item page-item-1257\"><a href=\"https:\/\/benefits.atlantaga.gov\/2025\/active-employees\/401a-defined-contribution-plan\/\">401(a) Defined Contribution Plan<\/a><\/li>\n            <\/ul>\n        <\/nav>\n    <\/div>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The City of Atlanta implemented a mandatory 401(a) Defined Contribution Plan for full-time permanent general employees (not including sworn police officers and firefighters) hired on or after July 1, 2001. Effective November 2005, this plan was amended to exclude full-time permanent general employees hired after that date that are classified \u201covertime eligible\u201d or are in pay grade 18 or below. These employees will participate in the City of Atlanta General Employees Defined Benefit Pension Plan. Effective January 1, 2025, all participants in the Hybrid 2011 plan will be transitioned to the 2025 Defined Benefit pension plan. Active Employees<\/p>\n","protected":false},"author":6,"featured_media":0,"parent":1268,"menu_order":11,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-1257","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/benefits.atlantaga.gov\/2025\/wp-json\/wp\/v2\/pages\/1257","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/benefits.atlantaga.gov\/2025\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/benefits.atlantaga.gov\/2025\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/benefits.atlantaga.gov\/2025\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/benefits.atlantaga.gov\/2025\/wp-json\/wp\/v2\/comments?post=1257"}],"version-history":[{"count":5,"href":"https:\/\/benefits.atlantaga.gov\/2025\/wp-json\/wp\/v2\/pages\/1257\/revisions"}],"predecessor-version":[{"id":1476,"href":"https:\/\/benefits.atlantaga.gov\/2025\/wp-json\/wp\/v2\/pages\/1257\/revisions\/1476"}],"up":[{"embeddable":true,"href":"https:\/\/benefits.atlantaga.gov\/2025\/wp-json\/wp\/v2\/pages\/1268"}],"wp:attachment":[{"href":"https:\/\/benefits.atlantaga.gov\/2025\/wp-json\/wp\/v2\/media?parent=1257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}