CRA Deferred Compensation Provider

At a glance

Based on auto-generated captions; names and figures may be misheard.

• What: CRA Resolution 13-26 designates Voya Financial as sole provider for the CRA's 457(b) and 401(a) deferred compensation plans.
• Background: staff said all CRA employees except the executive director are eligible by contract, the same as eligible City employees, and the change followed a review finding the prior provider charged higher investment fees.
• Where it stands: approved on the consent agenda 8-0 after speakers asked about the cost and who is covered.

Log

• 2026-11-02 - 2026-11-02 - Community Redevelopment Agency: approved with the consent agenda 8-0.