Deferred Pay - Nys Deferred Compensation Plan Contributions

(April 8, 2011)

We have just been notified that any member whose salary was deferred under the terms of the 2007-2011 contract will be eligible to contribute an additional percentage to their NYS Deferred Compensation for the retro paycheck on 4/27/11. If interested in doing so, call the Plan at 1-800-422-8463 to speak with a Help Line representative. (Tip: Press #, 0 to go directly to a representative) Participants will be asked what percentage they wish to contribute from that specific paycheck, which will include regular pay plus the retro pay in one check. Be certain to inform the representative if you only want to change the percentage contribution for that one specific paycheck and if you want it changed back to your normal percentage contribution for the next paycheck. IMPORTANT: This request must be made by Tuesday, April 12th at 4:00 p.m.

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