Voluntary Retirement Accounts

Annual LCC 403(b) and 457(b) Announcement

Process Steps

1. Select a vendor from the lists below.
2. Get LCC plan ID number for your selected vendor from Robin Fleming in Human Resources.
3. Activate account with the vendor.
4. Complete the applicable reduction agreement (below) and return it to Robin Fleming in Human Resources to authorize the payroll deduction.

Tax Sheltered Annuity: 403(b)

LCC partners with PenServ Plan Services for Third-Party Administrator (TPA) 403(b) plan compliance and administration.

403(b) Vendors:

• American Funds
• Corebridge Financial (formerly AIG, formerly VALIC)
• Fidelity Investments
• Penselect (formerly Foresters Financial)
• Tiaa-Cref
• Vanguard Investments
• Voya

403(b) Salary Reduction Agreement
Return completed form to Robin Fleming.

Do you have a document requiring Lane Community College's signature?
Please submit documents to be signed to PenServ directly for approvals. PenServ will make sure your plan provider receives the signed forms.

• Email: service@penserv.com
• Fax: 803-791-5925
• Mail: PO Box 3109, West Columbia, SC 29171

This applies to 403b documents only.

Deferred Compensation: 457(b)

• List of Vendors 457(b)
  • Nationwide
    • (877) 677-3678
  • Oregon Savings Growth Plan (OSGP)
    • (503) 378-3730
    • Enrollment Form
      • After completing your 457b enrollment, be sure to also complete the annual salary reduction agreement below and submit it to Human Resources.
  • Voya

457b Deferred Compensation Salary Reduction Agreement
Return completed form to Robin Fleming.

Do you have a document requiring Lane Community College's signature? If so, please submit documents to be signed to Robin Fleming.

• Email: flemingr@lanecc.edu

This applies to 457b documents only.

Review the 2011 Summary of Deferred Compensation Plans

Questions? Contact Robin Fleming in Human Resources.