March 14, 2010
HomeContact UsHelpA A A

  •  
  •  
  •  
Did you know that if you pay your property taxes in full by November 15th you'll receive a discount?


Benton County Employee Benefits - Retirement Health Savings Plan

ICMA Retirement Corporation is Benton County's provider for the Retirement Health Savings Plan.  For questions contact DeLana Hansen toll-free at 1.888.803.2726.

Retirement Health Savings Plan

The Retirement Health Savings Plan (RHSP) is an employer-provided retirement savings plan to pay for medical expenses for the employee, the employees spouse and/or employee dependents (e.g., health insurance and prescription expenses) in retirement (or other eligibility) on a tax-free basis.  The County's contribution on the employees behalf is based on the employees number of years of service beginning at the completion of three years regular status employment with Benton County.

Years of Service
Pay Period Payments
Annual Payments
4 to 5
$21
$504
6 to 10
$42
$1,008
11 to 15
$63
$1,512
16 to 19
$84
$2,016
20 plus
$105
$2,520

*At this time, because of IRS rules and regulations, contributions other than employer contributions are not allowed. This benefit is currently available to non-represented employees and employees represented by AFSCME.

Upon initial enrollment in the RHSP program, the employees investment allocation is automatically established as the VantagePoint Money Market Fund.  An investment in VantagePoint Money Market Fund is neither insured nor guaranteed by the US Government and there can be no assurance the Fund will be able to maintain a stable net asset value of $1.00 per share.  Employees will need to read the current prospectus carefully prior to select a new fund.

RHSP enrollment/change form

RHSP beneficiary form


 
Liability & Privacy Policy  •  Copyright Policy  •  E-mail Webmaster
Benton County Human Resources  •  408 SW Monroe Ave., Suite 103  •  Corvallis, OR 97333  •  541.766.6081
RSS Facebook Twitter