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Virginia Retirement System
1200 East Main Street
P.O. Box 2500
Richmond, VA 23218-2500
1-888-827-3847

Allowable Deferral Amounts

You may contribute a maximum of 100 percent of allowable compensation or the maximum listed in the following table to your 457 Plan account:

Maximum DCP (457) Contribution Amounts
Year Maximum Age 50+ Std-Catchup
2003
$12,000
$2,000
$24,000
2004
$13,000
$3,000
$26,000
2005
$14,000
$4,000
$28,000
2006
$15,000
$5,000
$30,000
2007
$15,500
$5,000
$31,000
2008
$15,500
$5,000
$31,000
2007 - 2010: Indexed to inflation in $500 increments
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