Oregon Statutes ORS 294.033 and 294.035 require local government to only offer deferred comp accounts through an annuity contract or a credit union. Therefore, the County cannot invest monies directly in stocks or mutual funds they must be invested by an insurance company.
The County has contracted insurance annuity provider, Voya. Limiting our providers to one results in a higher total account value and allows the County to negotiate lower fees and a better variety of services. Information on fund protection
Oregon residents Washington residents.
Voya Financial Investment Options
Voya has created a customer website for Multnomah County participants and employees who are seeking information, contact details, forms, one on one meetings and more.
Voya Custom Website for Multnomah County
MultCo Performance Standards 032216.doc (82 KB)
MultCo Performance Standards 032216.pdf (693.64 KB)
MultCo Local Service (201.19 KB)