Dear Faculty and Staff,
October is “Check Your Pension” Month—a reminder to review your retirement benefits and make sure everything is up to date.
This is a good time to:
  • Confirm the number of years you have in your pension plan with your provider
  • Review other benefits you may not be aware of
  • Make updates to your savings and investment choices as needed
If you are not currently enrolled in a tax-deferred annuity, you may wish to consider the following options:
You can contribute on a pre-tax basis, post-tax (Roth) basis, or both to these plans.
You may also be interested in the New York State Deferred Compensation Plan 457(b), created for New York State public employees. This plan offers an additional way to save for retirement with a variety of investment options to help you meet your retirement goals:
https://www.nysdcp.com
We encourage all employees to review their Pension Plan and Tax Deferred Annuity program for the following:
  • Selected beneficiaries
  • Contribution amount
  • Correct mailing address
  • Current phone number
If you would like more information or need assistance, please contact Human Resources at 718-262-2135.




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