Get Separation Payout Form Deferred Compensation

This guide provides detailed, step-by-step instructions on filling out the Separation Payout Form Deferred Compensation online. By following this guide, you can ensure that your final payout upon retirement or separation from MTA is allocated correctly.

Follow the steps to complete the Separation Payout Form Deferred Compensation online.

1. Use the ‘Get Form’ button to access the Separation Payout Form Deferred Compensation and open it in your chosen editor.
2. Begin by filling out Section 2, which is the Employee Information. Enter your full name, BSC ID, and select your agency or department from the provided options. Complete your street address, city, state, zip code, and include your phone numbers and email address.
3. Proceed to Section 3, where you will allocate your final payout to the Deferred Compensation Plan. Here, specify the date of your separation. Check the appropriate boxes to indicate your preferences regarding Deferred Compensation deductions, and fill in any alternate deferral amounts for the listed plans (401K, Roth 401K, 457, and Roth 457). If you are an LIRR employee, complete the relevant options for adjustments, vacation, and sick pay.
4. If applicable, address the 457 Plan 3-Year-Catch-Up Request by indicating whether you wish to use the catch-up option and specify the requested amount.
5. In Section 4, provide your signature to certify that all information is accurate and complete. Enter the date and the last four digits of your Social Security Number.
6. Finally, review all sections for accuracy. Once completed, save your changes and download the form. You can then print it out or share it as needed. To submit, fax a signed copy to 212-852-8700 or email it to bscservice@mtabsc.org.

Complete the Separation Payout Form Deferred Compensation online today for a seamless transition.