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Deferred Compensation Program
The Town of Vienna has adopted and implemented an optional Deferred Compensation plan for all full time, permanent employees. The program is administered through the International City Management Association - Retirement Corporation.

Membership in this program is optional and an employee may join this plan at anytime during the year (open season restrictions do not apply). The purpose of this deferred compensation is to allow employees to postpone receipt of a portion of their salary and receive its value when they retire. The amount of earnings deferred is not subject to income taxes and is not subject to taxation, until the money is paid out upon retirement. These payments are made via payroll deductions and may be increased, decreased or discontinued at any time at the employee's discretion.

Additional information can be obtained from the Web site: http://www.icmarc.org


Retirement Health Savings Plan
The RHSP allows employees to accumulate dollars to pay for medical expenses for themselves, spouses and or dependents upon retirement. Monies contributed into the plan and spent according to IRS regulations are TAX-FREE. After retirement, allowable medical expenses are reimbursed back to the retiree.

Further information is available from their website: http://www.icmarc.org


Credit Union
The Town of Vienna offers to its employees membership in both the Fairfax County Employees Credit Union and Northwest Federal Credit Union. In order to join either or both of the credit unions, employees must go in person to their respective offices.

Fairfax County Credit Union has four offices and a web site:

http://www.fairfaxcu.org (opens in new window)

Main Office Government Center Branch
4201 Members Way 12000 Government Center Parkway
Fairfax, VA 22030 Fairfax, VA 22035


Massey Building Branch Herndon Location
4080 Chain Bridge Road 3065C Centreville Road
Fairfax, VA 22030 Herndon, VA 20171
Phone: 703-218-9900  



Northwest Federal Credit Union has three locations and a website:

http://www.northwestfcu.org (opens in new window)

Vienna Branch Herndon Branch
231 Maple Avenue, East 200 Spring Street
Vienna, VA 22180 Herndon, VA 2017


Chantilly Branch  
14419 Chantilly Crossing Lane  
Chantilly, VA 20152  
Phone: 703-709-8900
800-336-3384