Tax-Deferred Annuity Plans

Suffolk Public Schools offer a wide variety of tax-deferred annuity 403(b) and 457(b) plans.  Annuities are a great way to save for your retirement days!

Annuity Plans are available to all employees, including part-time and substitute employees.  Suffolk Public Schools offers both IRS Section 403(b) and Section 457(b) deferred compensation plans to all of its employees, including part-time and substitute employees.  These plans allow the employee to defer compensaton (maximum amounts apply) on a per pay basis, saving current taxes and providing the employee with additional retirement income.  Available companies are listed below and may be selected by any employee for salary deferral via payroll deduction.  The selected company representative will help you with your individual plan.  Call Ty Carr in the Payroll Office at 925-6754 for more information or call any of the company representatives.

The following is a list of approved companies with the representative and phone number that you may contact to enroll or make changes in a voluntary payroll deduction:

AIG Retirement

• Raleigh Martin (757) 288-7154 or 800 44-VALIC

Horace Mann Life Insurance Company

• E Kaye Weaver (757) 562-0936

ING Life Insurance and Annuity Company

• Cynthia E Thorp (757) 595-8000
• Glen A Davenport (757) 595-8000
• Ted Eckert (757) 483-4100

Lincoln National Life Insurance Company

• Wardell M Nottingham (757) 461-7455
• Gregory Boothe (757) 484-7300

Virginia Retirement Specialists Inc

• Thomas R Griffin (757) 569-9026
• Cynthia Merrell (757) 288-0407
• Angie Duval (757) 617-6704