403(b) and 457(b) Retirement Plans
To view the plan provider list, process an online Salary Reduction Agreement (SRA) request, and for more information on voluntary retirement plans, please visit the Envoy website, our 403(b) and 457(b) administrator at: https://envoy.tsacg.com/.
Salary Reduction Agreement
Please note that SRA forms must be processed online at least two business days before the last working day of the month to be in effect for the end of the following month’s payroll. For example, they must be received by October 28th to come out on November’s 30th paycheck. Please be sure submit a paper copy of your online request to payroll upon completion.
When creating an account, you may be prompted for a provider plan number. For provider plan numbers, please refer to: 2020 Envoy Plan Provider Numbers (PDF)
Participation
403(b) and 457(b)’s plans are especially great voluntary benefits for employees because they are the only voluntary benefits that employees can sign up for throughout the year and outside of open enrollment.
Permanent Shasta College employees are eligible to participate in voluntary, employee-paid 403(b) and/or 457(b) retirement plans. Please note part-time permanent employees and faculty who may not be covered under PERS or STRS may also participate in 403(b) plans. For more information, please visit the website below:
Maximum Contributions for 2023
| Retirement Savings Plan 2023 Limits | 403(b) | 457(b) | Total |
|---|---|---|---|
| Basic | $22,500 | $22,500 | $45,000 |
| 50+ Catch Up | $7,500 | $7,500 | $15,000 |
| Total Contribution | $30,000 | $30,000 | $60,000 |
Please submit Salary Reduction Agreements to the Shasta College Payroll Office.
2023 Shasta College - Retirement Plans - Flyer 403b 457b (January 2023) (PDF)