Your benefits are a valuable part of the compensation package you receive as an employee of the County of Sacramento. We strive to provide benefit programs designed to meet our employees’ current and future needs, and help them as they balance their careers and personal life. We encourage you to thoroughly review this site and contact the Department of Personnel Services Employee Benefits Office with any questions you might have.
2023 Retiree Health Savings Plan (RHSP) Training SessionsFinancial Wellness Checkup
Learn more about your Retiree Health Savings Plan (RHSP) by attending one of the monthly sessions presented by MissionSquare. Sessions are scheduled for 30 minutes, and open to all employees/retirees. For dates and times check out the event flyer.
Fidelity understands that everyone’s needs are different, and that your retirement plan is part of your current financial situation. Our goal is to help you increase your financial knowledge and confidence. Join Fidelity for a complimentary learning event during the month of March. Checkout the flyer to learn more.
2023 IRS 457(b) Limit Reminder
The IRS has increased the 457(b) maximum contributions for 2023 to $22,500. Participants age 50 or older can contribute an additional $7,500. While some may not be able to contribute at those levels, it's encouraged that all employees contribute at a level that will meet their needs in retirement while balancing their current financial obligations. To adjust your contributions or to learn more about the IRS 457(b) change check out the flyer.
Federal Student Loan Forgiveness Programs: Public Service Loan Forgiveness | Federal Student Aid
The Public Service Loan Forgiveness (PSLF) program will forgive the remaining balance on Direct Loans after one has made 120 qualifying payments under a qualifying repayment plan while working full-time for a qualifying employer. Sacramento County is a qualifying employer. Earn credits towards your loan forgiveness by making payments towards your student loans while working full-time for Sacramento County – any job class at Sacramento County qualifies as public service.
Certain job classifications (see information in the link above) may qualify for Perkins Loan forgiveness after four to seven years of service depending on the employment type. Once you are in a qualifying role:
Healthcare Student Loan Programs:American Dental Education Association (ADEA)
- Apply for cancellation or discharge of a Perkins Loan to the school that made the loan or to the school’s Perkins Loan services
Your Payroll Specialist at Sacramento County can provide any needed certification of your employment
- They will provide forms and instructions specific to your type of cancellation or discharge
The California Dental Corps Loan Repayment Program offers loan repayments for dentists who work in dentally underserved areas and provide services to at least 50% dentally underserved populations. The program will provide $35,000 for loan repayment annually for three years, to reach a total of $105,000 or the total of the loan, whichever is the lesser amount.
BSNLRP participants can earn up to $10,000 in loan forgiveness after a 12-month service agreement. It’s available to California-licensed registered nurses with a Bachelor of Science in Nursing (BSN) degree. Participants are required to log at least 32 hours per week toward direct patient care at an eligible state site, which includes County Facilities.
CalHealthCares Loan Repayment ProgramCalHealthCares provides loan repayment to eligible dentists and physicians whose patient caseload consists of a minimum of 30% Medi-Cal beneficiaries. Eligible dentists may apply for either a loan repayment up to $300,000 in exchange for a five-year service obligation, or a Practice Support Grant up to $300,000 in exchange for a 10-year service obligation.
Accessible to California-licensed mental health providers. In exchange for up to $30,000 in student loan forgiveness, recipients must agree to provide two years of direct mental health care and at least 32 hours per week at an eligible facility, which includes County Health Facilities.
For practicing licensed vocational nurses (LVNs) in California. In exchange for a 12-month service commitment, offering at least 32 hours of direct patient care at an approved site, which includes County Facilities, participants received up to $6,000 in loan forgiveness.
Steven M. Thompson Physician Corps Loan repayment Program (STLRP)For qualifying California-licensed physicians and surgeons to serve in shortage areas. After fulfilling a three-year full-time service contract working in underserved communities at an eligible facility, which includes County Health Facilities, participants can receive up to $105,000 in forgiveness. Generally, physicians must be practicing outpatient care and provide at least 32 hours of direct patient care per week. Obstetricians must offer at least 21 hours of direct patient care per week.
MissionSquare is Changing Their Website
Get ready for exciting, new changes to MissionSquare, your Retiree Health Savings Plan (RHSP) account — all created to help you save for the retirement you want. There's a lot to look forward to! To learn more about these changes, check out this short video.