www.gabreeze.ga.gov / (877) 342-7339
Peach State Reserves (PSR) - 401(k) & 457 Deferred Compensation
Employees may enroll, drop or change contributions throughout the year.
While participation in TRS or PSERS is required, Peach State Reserves (PSR) is an additional voluntary retirement benefit plan that offers you the opportunity to invest money toward securing the retirement that you envision.
-Contributions are pre-tax through payroll deduction.
-Contributions range from 1% - 80% with applicable maximum annual caps.
-$8 base fee is charged even if contributing to both 401(k) and 457 plans. Other fees may apply and more information is available on the GaBreeze website (see link above).
-403(b) plans may roll into 401(k) plans.
-Account investment options, fund performance and updates for deductions may be reviewed as desired online.
-In order to supplement those PSERS employees when they retire, Henry County Schools will match an employee's contribution up to 3% if a PSERS employee desires to contribute to Peach State Reserves 401(k) plan.