NCHD Maintains 457(b) Plan with New York Life Insurance
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Description
Nueces County Hospital District continues its arrangement with New York Life Insurance and Annuity Corporation as the funding provider for its 457(b) deferred compensation plan, pursuant to the plan’s amended and restated terms effective January 1, 2026. This enables plan participants to utilize annuity contracts for tax-advantaged retirement savings.
Contract Details
Vendor
NEW YORK LIFE INSURANCE & ANNUITY CORPORATION
Agency
Ness County Hospital District #2, KS
Contract Type
FINANCIAL_SERVICES
Document Date
June 20, 2026
Contract Term
Ongoing (Plan effective September 23, 1998 and as amended and restated January 1, 2026)
Renewal Info
Funding arrangement ongoing since 1999; plan restated effective January 1, 2026; subject to plan amendments.
More from NEW YORK LIFE INSURANCE & ANNUITY CORPORATION
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Nueces County Hospital District Board of Managers Regular Meeting Agenda Packet 2026-06-23
Nueces County Hospital District Finance Committee Agenda Packet 2026-06-23
Nueces County Hospital District Finance Committee Agenda Packet 2026-06-23
Nueces County Hospital District Finance Committee Agenda Packet 2026-06-23
Nueces County Hospital District Resolution Approval of 457(b) Plan Restatement and 403(b) Plan Amendment 2026-06-23
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