The NYS Deferred Compensation Plan will be hosting free educational webinars for all employees who wish to attend. The NYSDCP is a supplemental retirement plan which is also known as a 457(b) plan and their mission is to help State employees achieve their retirement savings goals and help bridge any potential financial gap in retirement.
Tuesday’s, April 20th & April 27th at 12 pm & 4:30 pm – Countdown to Retirement Webinar – Presentation will explain important considerations to think about for those approaching retirement. Discussions will include longevity, income sources, asset consolidation, and withdrawals/required minimum distributions.
Thursday’s, April 22nd & April 29th at 12 pm & 4:30 pm – Enrollment Webinar – Presentation will explain the benefits of enrolling and participating in the NYS Deferred Compensation Plan and how it can help you plan for and live in retirement. We will go over the basics of investing and the investment options, pre-tax and Roth contributions, and an overview of the easy and secure online enrollment process.
You may also schedule an individual appointment with Mark at http://mark_wallace.myretirementappt.com
You do not have to download software to join the meeting. Please join the meeting from your computer, tablet or smartphone. https://www.gotomeet.me/MarkWallace4
You can also dial in using your phone.
United States: +1 (786) 535-3211
- One-touch: tel:+17865353211,,250777509#
Access Code: 250-777-509
Join from a video-conferencing room or system.
Dial in or type: 184.108.40.206 or inroomlink.goto.com
Meeting ID: 250 777 509
Or dial directly: email@example.com or 220.127.116.11##250777509
The State University of New York (“SUNY”) provides employees with the opportunity to save for their retirement through the SUNY Voluntary 403(b) Savings Plan (the “Plan”). Participation in the SUNY Voluntary Savings Plan is a great way to build your retirement savings through pre-tax and/or post-tax payroll deduction contributions. View the 2021 Universal Availability Notice and please contact the Employee Benefits Office 878-4821 with any questions.
Because of the COVID-19 emergency, the New York State Local Retirement System (NYSLRS) is distributing your summer member newsletter electronically.
As always, your newsletter is packed with useful information about your NYSLRS benefits. Find out about retirement planning, the strength of the pension fund, how easy it is to apply for retirement online, and what new members need to know about their benefits.
If you are in the Police and Fire Retirement System (PFRS), here is your newsletter. https://www.osc.state.ny.us/files/retirement/publications/pdf/sentinel-fall-2020.pdf
If you are in the Employees' Retirement System (ERS), here is your newsletter. https://www.osc.state.ny.us/files/retirement/publications/pdf/update-fall-2020.pdf
During this time, even though you are unable to meet in person, our campus representative is available to meet with you over the phone to help with anything related to your New York State Deferred Compensation Plan Account, including:
To schedule an appointment, you may do so online via the scheduling tool or call Mark Wallace at 716-903-7253 or 614-854-4397.
To participate in a NYS Deferred Comp online workshop of your choice, enroll here.
Due to social distancing restrictions related to the COVID-19 pandemic, NYSTRS will not be holding group Pension & Retirement Education Program (PREP) seminars. However, members can now watch video versions of all PREP seminar modules online at their convenience at the Retirement Planning > Pension & Retirement Education Program.
Additionally, even though they are not holding in-person benefits consultations at this time, members can get all the important information they need in a phone consultation with one of the Retirement System representatives. Members can book an appointment through their MyNYSTRS account or by calling 1-800-348-7298.
Independent Health has created a special COVID-19 Coronavirus Update section on their website for their enrollees. They are encouraging enrolled employees to create their own Independent Health member accounts so that they can receive updates about COVID-19, review their benefits and have access to key details related to their plan. They have announced that all costs will now be covered without copay for COVID-19 testing, diagnosis and treatment.
More information can be found on their website or by calling customer service at 716-631-8701.
Employees can find contact information for retirement plan providers for account assistance during the COVID-19 isolation measures. Reference information includes; participant contact centers, SUNY custom websites, virtually based meetings with an advisor, educational webinars and resources specific to current financial market information during the COVID-19 crisis.
The Empire Plan is doing all they can to support its enrollees through this unprecedented time and has introduced a new telehealth benefit to help them access health care services remotely. LiveHealth Online lets enrollees stay home and have a video visit with a board-certified doctor or licensed therapist on their smartphone, tablet or personal computer.
If enrollees are concerned about leaving their homes to receive medical care or their ability to access care, The Empire Plan will cover telehealth visits at no cost. Additional information and step-by-step instructions to register are available. Enrollees who are already registered can login to www.empireblue.com/nys to get a coupon code to cover the full cost of their LiveHealth Online visit. For additional assistance, enrollees are encouraged to call The Empire Plan at 1-877-7-NYSHIP (1-877-769-7447) and select option 2 for the Hospital Program. Note: A postcard regarding this new benefit will also be mailed to enrollees in the coming week.
In addition, Empire Plan has coronavirus related benefits available for their members:
For additional information regarding any of these benefits, members can contact Empire Plan at 1-877-7-NYSHIP. You can also sign up for State Health Department coronavirus email updates.
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