Your Retirement Options
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All DPS employees and most of Colorado’s other public employees contribute to the Colorado PERA retirement program rather than social security. The PERA retirement plan offers a sound foundation for retirement income, but there is more that you can do to ensure your desired retirement lifestyle. Saving for retirement starts now, and DPS has many opportunities for you to invest in your future!
Learn more on the Retirement Page.
CO PERA
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401(k)
COPera offers 401(k) voluntary retirement savings plans to DPS members anytime through the PERAPlus Program. You can learn more and enroll online.
*Please note: DPS PERA members are not able to enroll in the 457 PERAPlus plan.
AIG (Valic)
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403(b) Traditional and Roth Accounts
The IRS allows you to make contributions to your retirement plans on a pre-tax or post-tax basis. You can contribute up to the maximum amount each year. If you turn 50 or older during the calendar year, you are also able to add Catchup Contributions on top of the yearly maximum.
DPS partners with AIG Retirement Services (formerly known as Valic) to provide savings options that meet your needs.
- 403(b) Traditional account (pre-tax)
- 403(b) ROTH account (post-tax)
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457(b) Traditional and Roth Accounts
The IRS allows you to make contributions to your retirement plans on a pre-tax or post-tax basis. You can contribute up to the maximum amount each year. If you turn 50 or older during the calendar year, you are also able to add Catchup Contributions on top of the yearly maximum.
DPS partners with AIG Retirement Services (formerly known as Valic) to provide savings options that meet your needs.
- 457(b) Traditional account (pre-tax)
- 457(b) ROTH account (post-tax)
Enrolling in Retirement Plans
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You can enroll in retirement accounts any time during the year by using the links listed above or visiting thecommons.dpsk12.org/retire.
Open Enrollment is April 18 - May 6 and every benefits eligible employee must take action by enrolling or waiving their benefits or you will be auto-enrolled in the Aetna 3500 or MotivHealth 2800 CDHP plan and a Health Savings Account (HSA). Go to Open Enrollment for updates, resources, and learning opportunities.
CONTACT
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Human Resources
1860 Lincoln St.
Denver, CO 80203For HR and payroll questions:
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Site Manager
Derek Bell