Retirement Savings Plan (403b)
ServiceNet offers an opportunity for every employee to save towards their
retirement in what is called a 403(b) plan. Under a 403(b)
plan, employees may defer a portion of their wages to their account under the
plan. These deferred amounts may be made on a pre-tax and/or
a post-tax basis.
For many employees, ServiceNet offers an “employer match.”
This means that the agency will contribute to the employee’s retirement account.
The amount is a percentage of what the employee contributes.
Please consult the ServiceNet Personnel Guidelines or, for union employees, the
appropriate Collective Bargaining Agreement for more information on the match.
Participants in the Retirement Plan have a range of investment options from
which to choose. The program is administered by a company
called BPAS. Participants may access their accounts by
clicking on the link below.
For more information, please see the Summary Plan Description or contact the
Human Resources Department.
This links to the BPAS site which provides a participant login area as well as
links to important tools, such as web and voice response system guides,
retirement planning calculators, and the participant bulletin board.
This website includes an array of education and planning tools to assist
participants in the journey to retirement.
Summary Plan Description–
This document provides an
explanation of employees’ rights, benefits, and responsibilities under the plan.
If you have questions about enrolling in the 403b, loans, hardship withdraws, or
rollovers. Please contact Noreen Hayes at 413-387-1102.
BPA Enrollment Form
BPA Contribution Change Form