The 403(b) Plan is offered to Westborough Public Schools employees as an opportunity to supplement their retirement program with salary deferrals contributed to a choice of annuity contracts or mutual funds.
You will need to directly contact the financial investment company you are interested in to set up a tax-sheltered annuity (403b). They will have the Salary Reduction Agreement form that you will need to submit to Paige Thomas (Payroll Coordinator). The Town does not provide these forms. Also, please be advised that the Town does not do matching funds. Click here for additional information regarding the enrollment process for a 403(b) Plan.