Kentucky Public Employees’ Deferred Compensation Authority (KDC) is authorized under the Kentucky Revised Statutes (18A.230 – 18A.275) to provide administration of tax-deferred supplemental retirement plans for all state, public school and university employees, and employees of local political subdivisions that have elected to participate. It is an agency attached to the Personnel Cabinet of the Commonwealth of Kentucky for administrative purposes only.
We offer two retirement plans for employees like you to save from each paycheck and invest toward retirement. These plans can help bridge the gap between what you have in your pension and Social Security (if applicable), and how much you will need in retirement. The available deferred compensation plans include:
- 457(b) Plan – tax-deferred (pre-tax)
- 401(k) Plan – tax-deferred (pre-tax), which includes three after-tax options
- Roth 401(k)
- Deemed Traditional IRA
- Deemed Roth IRA