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Benefits

Savings Plus Program

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Deferred Compensation (457) and Thrift Plan 401(k)

The Savings Plus Plan (SPP) is a voluntary program offered by the Department of Personnel Administration (DPA) and administered by Nationwide Retirement Solutions. This program allows eligible state and CSU employees to save toward retirement by investing pre-tax contributions in tax-deferred investments, via two deferred compensation plans: a Thrift Plan (IRC 401(k)) and a Deferred Compensation Plan (IRC 457). These contributions are made through payroll deductions, prior to federal and state taxes being calculated.


For more information, please contact SPP directly at:

Savings Plus Program (SPP)
1800 15th Street
Sacramento, CA 95814-6614

Customer Service:
866-566-4777, 8:30 a.m. - 4 p.m. (PT), Monday -Friday

To speak with a customer service representative, press *0.

TDD: 916-327-4266
FAX: 916-327-1885

Web site: Savings Plus Program (SPP)


Please note that retired annuitants, participants in the Faculty Early Retirement Program (FERP), and part-time, seasonal, and temporary employees are not eligible to participate.