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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 (Voya) 457 and 401(k) and MassMutual 457 and 401(k) 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. The CalPERS representative schedules appointments on the 1st and 3rd Tuesdays and the MassMutual representative schedules appointments on the 2nd and 4th Thursdays at the Placer County Government Center - Birch Room located in the Planning Building at 3091 County Center Drive, Auburn. You can contact them for an appointment at:

CalPERS: Rich Berg
at (888) 713-8244 or office (800) 260-0659

MassMutual: Jason Hughes
at (866) 504-1182 or Stockton office (888)811-4839


Learn more about Deferred Compensation

Deferred Compensation Forms

Deferred Compensation Committee

    • 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.
    • Yes
    • 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 -  meeting calendar    
    • 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, Human Resources 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.
    • 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.
    • Seat 1 - Represents Auditor-Controller
      • Andy Sisk
        2970 Richardson Avenue
        Auburn, CA 95603
        Work: 530-889-4152
        Term length: Pleasure of the Board
    • Seat 2 - Represents Treasurer/Tax Collector
      • Jeanie Windeshausen
        Treasurer/Tax Collector
        2976 Richardson Avenue
        Auburn, CA 95603
        Work: 530-889-4140
        Term length: Pleasure of the Board
    • Seat 3 - Represents CEO
      • Andy Heath
        175 Fulweiler Avenue
        Auburn, CA 95603
        Work: 530-889-4034
        Term length: Pleasure of the Board
    • Seat 4 - Represents Human Resources       
      • Lori Walsh
        Human Resources Director
        145 Fulweiler Avenue
        Auburn, CA 95603
        Work: 530-889-4060
        Term length: Pleasure of the Board
    • Seat 5 - Represents PPEO
      • Matthew Bartholomew
        3091 County Center Dr
        Auburn, CA 95603
        Term length: Pleasure of the PPEO
        Appointed By: PPEO
    • Seat 6 - Represents DSA
      • Noah Frederito
        2929 Richardson Drive
        Auburn, CA 95603
        Work: 530-745-8500
        Term length: Pleasure of the DSA
        Appointed By: DSA
    • Seat 7 - Represents Placer County Retirees
      • Paul Jacobson
        Represents: PC Retirees
        Status: Active
        Term length: 2-years
        Appointed By: Committee
        Expires: 5/20/2016

Agendas and Minutes


2016 Agendas and Summary Actions