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SPOTLIGHT: Los Angeles County; COUNTY MATCHING BOOSTS PARTICIPATION.

Publication: Pensions & Investments
Publication Date: 11-JUN-01
Format: Online - approximately 491 words
Delivery: Immediate Online Access
Full Article Title: SPOTLIGHT: Los Angeles County; COUNTY MATCHING BOOSTS PARTICIPATION.(Great-West Life and Annuity Insurance Co)(Brief Article)

Article Excerpt
PASADENA, Calif. - Los Angeles County offers its employees two 401(k) plans and a 457 plan that, unlike many governmental 457 plans, has a direct employer match.

The two 401(k) plans, with combined assets of $675 million, are ``grandfathered plans,'' said Larry Uyeda, senior finance analyst for the County of Los Angeles Deferred Compensation Program. These are plans adopted before the 1986 federal prohibition against government 401(k)s. One plan is limited to...

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