Maricopa County Boards and Commissions > Deferred Compensation Committee


MISSION: Establishes, supervises, and evaluates the investment program for the Maricopa County 457 Deferred Compensation Plan.

Shelby Scharbach
Assistant County Manager and
Chief Financial Officer
Sandi Wilson 
Deputy County Manager and Vice Chair
Pauline Hecker
Risk Manager
MaryEllen Sheppard
Assistant County Manager and Human Resources Director
Frances Dairman Poeppe
District 1 Appointee
Max Porter
District 2 Appointee
Jerry Sheridan
District 3 Appointee
Daren Frank
District 4 Appointee
Monica Pimentel
District 5 Appointee

: As needed, at least quarterly.


LIAISON: Shelby L. Scharbach, Assistant County Manager, Chief Financial Officer, (602) 506-1367

FORMATION AUTHORITY: This committee was established by the Board of Supervisors under the Deferred Compensation Plan, Section XIV, as amended September 24, 1984.

COMPOSITION: Under the Deferred Compensation Committee’s Bylaws, the committee consists of nine voting members:  (1) the Deputy County Manager or designee, (2) the Human Resources Director or designee, (3) the Finance Director or Designee, (4) the Risk Manager or Designee, and (5) Five County employees, one appointed by each District of the Board of Supervisors.  Members of the committee may appoint an alternate to attend meetings in the event the member is unavailable.  Termination of employment of a committee member shall immediately terminate his status as a committee member. Members’ terms of office are indefinite.  No committee member shall be eligible to vote in any matter pertaining to his/her own participation in the Deferred Compensation Plan.

DUTIES AND POWERS: The Deferred Compensation Committee manages the assets of the Deferred Compensation Plan.  It is the intent of the Committee to fulfill its fiduciary responsibilities solely in the interest of the Plan’s participants and beneficiaries and to make investments permissible by law for investment of trust funds.  The committee (1) selects the investment design features of the plan, (2) appoints, monitors, and evaluates the Plan’s investment fund managers, (3) monitors Plan costs, and (4) through the Plan administrator, provides general information to Plan participants regarding procedures and investment options under the Plan.