About the Deferred Compensation Plan (DCP)

What is the DCP?

The City of Los Angeles Deferred Compensation Plan is a voluntary tax-advantaged governmental 457(b) plan that allows you to save a portion of your salary now so you can enjoy it later in retirement. You decide how much to save, how to manage your taxes for retirement, and how to invest.

Who can join?

Eligible employees are members of the Los Angeles City Employees’ Retirement System (LACERS), Los Angeles Fire and Police Pensions (LAFPP), or the Water & Power Employee Retirement Program (WPERP).

DCP Governance

Your Deferred Compensation Plan is sponsored by the City of Los Angeles and supported by the City’s Board of Deferred Compensation Administration, a team of Personnel Department staff, contracted service providers and consultants, and investment managers.

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Inside the DCP

• DCP Annual Reports

• Quarterly Newsletters

• Fund Performance

• National Retirement Security Month Campaigns

Employment

The DCP is an amazing place to work! It is a place to grow in your career, build on existing skills, and find satisfaction in providing valuable services to the all of its participants, both active and retired.  

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Employee Benefits DIVISION

• Keeping LAWell - Civilian Employee Benefits Program

• CommuteWell - Commute Options & Parking Program

• LIVEwell Wellness Program - Civilian Employee Wellness Program