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The NYS Deferred Compensation Plan (NYSDC) is a supplemental 457(b) retirement plan with the mission to assist State and Local-Public employees in achieving their retirement savings goals and to help bridge any potential financial gap in retirement.

Jason Dixon from NYSDC will be on campus Tuesday, March 4th from 10 am - 3 pm.  You can schedule a 15-minute consultation appointment on a first-come, first-serve basis, available for anyone currently participating in the plan or for those looking for information about joining.

To schedule an in-person meeting with Jason please visit:

Employees who are unavailable March 4 or if the appointments are all taken on that date are welcome to contact Jason directly at dixoj8@nationwide.com or call his voicemail at 1-518-203-0244 for other scheduling options.

NYS Deferred Compensation is hosting a free Tax Efficient Retirement Income webinar on Wednesday, Feb. 19 from noon - 1 pm.  Timothy J. O'Mara, Sr. Consultant of Retirement Institute Insights & Solutions at Nationwide will discussing the following topics:

• Strategies to implement while participants are accumulating future sources of tax-deferred, tax free and taxable retirement income
• For those ready to retire, learn about withdrawal sequencing strategies to optimize social security benefits, lower taxes, extend the longevity of a retirement portfolio and improve tax impacts on widows and heirs

All are welcome to participate. Go for required registration.

This memo serves as a follow-up to the notification sent on May 16, 2024, regarding changes to the eligibility criteria for UUP discretionary awards.

To be eligible for the award, supervisors must now meet the following requirements:

1. Annual Compliance Training: Supervisors must have completed all required annual compliance training for 2024.

2. Employee Performance Programs & Evaluations: Supervisors must be up-to-date with performance programs and evaluations for their direct reports. For the first year of this rollout, supervisors will be considered compliant if they file a current performance program where one does not exist, in order to conduct the annual evaluation.

Important Exception: For this year's discretionary process, Deans/Directors may consider a supervisor compliant if they submit an attestation that a draft performance program has been initiated or is in progress, even if it does not yet appear in the electronic system. There is no exception for the completion of the compliance training modules.

Important Deadlines:

• Compliance will be measured as of September 30, 2024. This includes the Title VI training which was recently released.

You can access the training system here:

You can access the UUP onlince performance program and evaluation system here:

For inquiries about the performance program and evaluation status of your direct reports, please contact Sara DeClemente-Hammoud in HR. Information regarding the discretionary program and related letters will be rolled out shortly after this deadline.

Please note that this memo is normally sent around October to initiate the UUP discretionary process.  The process will formally be rolled out later in the year, but we are sending the memo now to inform UUP staff and UUP staff who are supervisors of record that the criteria to be eligible for a UUP discretionary award has changed.  Individual annual compliance training completion along with performance program and evaluations for direct reports is now a minimum requirement for eligibility.  This notification will allow for ample time for employees to meet this criterion, which is required by law and collective bargaining agreement.

2024 Preliminary UUP DSI Memo for Faculty

2024 Preliminary UUP DSI Memo for Staff

When employees establish a SUNY voluntary savings plan 403(b) account or submit a request to change their contribution via Retirement at Work, the request is processed for payroll deduction by the campus Employee Benefits Office. As of March 28, the Office of the State Comptroller (OSC) announced these requests will be processed via an automated file transfer. You will continue to submit your requests via SUNY Retirement at Work.

Although we will no longer be manually entering your 403(b) contribution requests, Employee Benefits will continue to audit the transactions based on the bi-weekly feedback reports we receive. Note that it may take up to 30 days for OSC to process your request in the event there is a submission issue that needs to be corrected.

This is also a reminder that if you request a bi-weekly 403(b) contribution that exceeds the net amount available in your paycheck, our payroll system allows for a partial payment deduction. This means if your paycheck cannot withstand the amount you requested, the payroll system will take the partial amount, which may result in a net zero paycheck.

It is important for all employees to consistently review their bi-weekly paycheck for accuracy and immediately contact Human Resources if necessary.

A reminder regarding phased retirement and work reduction options available to employees.

For more information regarding Phased Retirement options, please click here.

For more information regardig Other Voluntary Reduction in Work Schedule Programs, please click here.