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Deferred Compensation

Welcome to the deferred compensation home page. Placer County is committed to helping you achieve your financial and retirement goals. Whether you are a first-time investor or a market seasoned expert this site will provide you with helpful information, along with links to financial education, and the County’s various providers for both CalPERS 457 and 401(k) and MassMutual plans. These tools and choices will help to empower and enable you so that you can make informed decisions to achieve your financial independence.

Plan representatives will be happy to schedule an appointment with you to answer any questions, help you enroll or make changes. They schedule appointments on alternate Tuesdays at the DeWitt Personnel Office located at 11484 B Avenue, Auburn. You can contact them for an appointment at:

CalPERS: Rich Berg
at (888) 713-8244 or office (800) 260-0659
Richard.Berg@us.ing.com

Mass Mutual: Jason Hughes
at (866) 504-1182 or Stockton office (888)811-4839
jasonhughes@massmutual.com

 

Learn more about Deferred Compensation

Deferred Compensation Forms

Agenda and Minutes

2008

Month Agendas Approved Minutes
4/8/08 Agenda
2/26/08 Agenda

2007

Month Agendas Approved Minutes
12/19/07 Agenda Minutes
5/21/07 Agenda Minutes
4/9/07 Agenda Minutes
2/27/07 Agenda Minutes

Deferred Compensation Committee

  • COMMITTEE PURPOSE
    • Creation of an appropriate mechanism for administration of money and other assets resulting from compensation deferred under the Plan; administer the Plan for participating employees, retirees and beneficiaries, including necessary research, request for proposals and follow up on possible providers.  Contracting with a private person, corporation, institution or other entity directly or through a state agency, for services necessary to the administration of the Plan including, without limitation, consolidated billing, the keeping of records for each participating employee in the Plan, the purchase, lease and safeguarding of assets, programs for communication and education of employees, administration of the Plan.  Obtain advice of qualified counsel when appropriate, establish objectives and policies relating to investments, discharge its duties regarding each decision made in administering the Plan, solely in the interests of the Plan.  Make decisions using the following standard:  under the circumstances existing at the time of the decision, the decision a prudent person who is familiar with similar investments while acting in a similar capacity in conducting an enterprise of similar character and purpose.  Not less than every 12 months, the committee shall consider the advisability of soliciting proposals from qualified providers.
  • CONFLICT OF INTEREST
    • Yes
  • COMMITTEE COMPOSITION
    • The Auditor-Controller or designee; Treasurer-Tax Collector or designee; County Executive Officer or designee; One representative of the miscellaneous employees associations; One representative of the Deputy Sheriff's Association; One representative of a Placer County retired employee.  Election of a new or re-election of the Chair shall occur as the first item of business at the first quarterly meeting of the committee in the calendar year, elected by majority vote of current members.  The Chair shall serve a two-year term and be eligible for re-election.  When a vacancy on the Committee exists for the retired employees member, nominations for a replacement and alternate shall be submitted by the Committee to the BOS for appointment, serving a two year term.  The employee association representative shall be designated by the respective employee association.  Resignation must be received in writing by the Chair.  All representative members may be removed with good cause by a 3/4 vote of the remaining committee members.
  • COMMITTEE MEETINGS
    • Quarterly.  The dates, time and place to be determined by the Chair.  Special meetings may be called at any time by the Chair or the CEO.  Notice and Agenda posting shall comply with the Brown Act, CA Gov't Code Sec. 54950 et seq.  A quorum of at least four Committee members must be present.  If the Chair is absent, the CEO shall Chair, if both are absent, the order shall be Treasurer-Tax Collector, Auditor Controller, Personnel Director shall Chair in that order.  The Chair shall designate a staff person to act as Secretary who shall be responsible for keeping records of actions, taking of minutes, meeting announcements, posting agendas, distributing copies and assuring appropriate records are maintained.
  • COMPENSATION
    • Members shall receive no compensation for their services; however, any member traveling on official business for the Committee shall be reimbursed for his actual and necessary traveling expense.

Committee Members

Current Members Current Members Current Members
Seat # 1 Seat # 2 Seat # 3
Andy Sisk
Auditor-Controller
2970 Richardson Avenue
Auburn, Ca 95603
Work: 530-889-4152
Represents: Auditor Controller
Status: Active
Term length: Pleasure of the Board
Jeanie Windeshausen
Treasurer/Tax Collector
2976 Richardson Avenue
Auburn, Ca 95603
Work: 530-889-4140
Represents: Treasurer/Tax Collector
Status: Active
Term length: Pleasure of the Board
Andy Heath
175 Fulweiler Avenue
Auburn, Ca 95603
Work: 530-889-4034
Represents: CEO
Status: Active
Term length: Pleasure of the Board
Seat # 4 Seat # 5 Seat # 6
Lori Walsh
Interim Personnel Director
145 Fulweiler Avenue
Auburn, Ca 95603
Work: 530-889-4060
Represents: Personnel
Status: Active
Term length: Pleasure of the Board
Matthew Bartholomew
3091 County Center Dr
Auburn, Ca 95603
Represents: PPEO
Status: Active
Term length: Pleasure of the PPEO
Appointed By: PPEO

Noah Frederito
2929 Richardson Drive
Auburn, Ca 95603
Work: 530-745-8500
Represents: DSA
Status: Active
Term length: Pleasure of the DSA
Appointed By: DSA

Seat # 7  
Paul Jacobson
Represents: PC Retirees
Status: Active
Term length: 2-years
Appointed By: Committee
Expires: 5/20/2016
 
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