WHAT IS DEFERRED COMPENSATION? Kentucky Deferred Compensation (KDC) is a tax-deferred retirement savings plan offered to all state employees, public school employees, university employees and employees of local political subdivisions that have elected to participate. Chances are Social Security benefits, plus your state and other system retirement, will not provide enough income to maintain your current standard of living. By contributing to a supplemental retirement plan, you consistently save with the goal of having additional income at retirement. Kentucky Deferred Compensation (KDC) helps bridge the gap between what you’ll collect from your pension and what you need for retirement. Enroll today. Let us help. Call 800-542-2667 or 502-573-7925 or check us out online at kentuckydcp.ky.gov.