The SURS DCP is a 457(b) defined contribution plan. Participation is voluntary.
A 457(b) plan is an employer-sponsored, tax-favored retirement savings account. Unlike other retirement plans, a 457(b) plan allows you to withdraw funds without a penalty before the age of 59½ as long as you either leave employment or have a qualifying hardship. You can also withdraw funds while still employed after you reach age 59 ½.
