UTSaver DCP 457(b)

Contributing to the UTSaver Deferred Compensation Plan (UTSaver DCP) can significantly reduce your current taxes and help you save for retirement. Contributions are conveniently taken by payroll deduction.


All employees of the UT System are eligible to participate in the UTSaver DCP.


Review and select a provider(s) from the list of authorized providers. You may select more than one provider for your UTSaver DCP participation.Log onto UTRetirement Manager and click on the DCP Enroll/Change page. Complete an account application(s) with the provider(s) you have selected. If you are utilizing the special catch-up provision, contact your Benefits Office and request a calculation of your contribution limit. Complete the Special Catch-Up Provision Agreement (if utilizing this option) and return it to your Benefits Office.


You can contribute as little as $15 per month or as much as 100% of your eligible compensation up to $23,000 (was $22,500 for 2023) in the UTSaver DCP. There are also two catch up provisions:

Age 50 Catch up: If you are age 50 or older, you may contribute an additional $7,500.

Special Catch-up: If you are within three years of the taxable year in which you attain normal retirement age, you may be able to contribute up to an additional $23,000 per year. Eligibility for this special catch-up provision is dependent upon your unused elective deferrals for the prior years you were eligible to participate in a 457(b) plan and must be calculated by your Benefits Office. The Age 50 Catch-up and the Special Catch-up may not be used simultaneously.

Neither your UTSaver Tax-Sheltered Annuity nor your Optional Retirement Program contributions affect the total amount you are able to defer under the UTSaver DCP.