Retirement Benefits
Explore our Retirement Benefits. Employees are provided a pension plan as well as the ability to choose either a 401(k) plan or 457(b) plan to build financial stability for their future.
Defined Contribution Plan*
Voya
401(k)
All Career Service* employees hired after January 2012 will automatically be enrolled after 60 days, and deductions of 6.2% will be taken from the employee's gross salary unless the employee makes a different payroll election. The employee has the option to make pretax or post-tax (ROTH 401k) contributions through payroll deductions. Upon completion of probation, Utah County will make a dollar-for-dollar matching contribution up to 6.2%.At retirement, termination of employment, or age 59 1/2, employees may elect partial withdrawals, structured payments, lump sum amounts, or may choose to defer distribution until a later date. Early-withdrawal tax penalties may apply.457(b)
The 457(b) Deferred Compensation Plan is voluntary for Career Service** employees. The employee has the option to make pretax or post-tax (ROTH 457b) contributions through payroll deductions. At retirement or termination of employment, employees may elect partial withdrawals, structured payments, lump sum amounts, or may choose to defer distribution until a later date. The entire balance (less tax withholdings) of the account may be distributed to the employee at retirement or termination. There is no early withdrawal penalty assessed on a 457(b) account.*FICA Replacement.**Eligible employees include appointed, elected, and retained by election.
Defined Benefit Plan*
Utah Retirement Systems
Participation in a Utah Retirement System (URS) pension plan is mandatory for most Career Service* Employees. Plans vary based upon employee's hire date. The County pays all or a portion depending on which URS plan the employee is eligible to participate in. This valuable benefit provides retirement income based upon salary, length of service, and/or contributions.
*Eligible employees include appointed, elected, and retained by election.
Health Benefits Available
Utah County provides many health benefits including, but not limited to, Dental Insurance, Health Savings Accounts, Vision Insurance, and an Employee Assistance Program.