New York State Deferred Compensation Plan Phone Number In Queens

State:
Multi-State
County:
Queens
Control #:
US-00418BG
Format:
Word; 
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Description

The New York State Deferred Compensation Plan enables employees in Queens to secure additional retirement income through contributions set aside from their salaries. The plan's specific phone number for inquiries or assistance can streamline the process for potential users. Key features of the Deferred Compensation Agreement include provisions for retirement payouts, death benefits for beneficiaries, and conditions under which payments may cease, such as voluntary employment termination. Fillable sections allow customization with necessary details about the corporation and employee. Filling the form requires accurate data entry regarding retirement age and benefit amounts, as well as compliance with specific obligations, including non-competition agreements. This form is particularly beneficial for attorneys, partners, and legal assistants or paralegals who guide corporations in drafting tailored retirement benefits and navigating applicable legal frameworks. Its structured design promotes clarity, ensuring that users can easily edit sections as needed, ultimately contributing to effective employee compensation planning.
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  • Preview Deferred Compensation Agreement - Long Form
  • Preview Deferred Compensation Agreement - Long Form

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FAQ

Please know that your assets that started and grew in your regular Plan account or were rolled over from another 457 deferred compensation plan are not eligible for a withdrawal until you leave public service, become age 59 1/2, or are needed for an unforeseeable emergency withdrawal.

Overseen by the New York State Deferred Compensation Board, the Plan is managed by a professional staff located in Albany, NY. The primary function of the Board office is to provide centralized oversight of all the Plan's operations and manage the Plan to a Board-approved annual administration budget.

As always, you can speak with a Customer Service Representative about the Plan and your account(s) on the phone by calling at (212) 306-7760.

Contact your agency health benefits or payroll office or NYCAPS Central at (212) 487-0500. Department of Education employees should contact HR Connect at (718) 935-4000: For questions concerning eligibility and enrollment.

The New York City Deferred Compensation Plan (DCP) allows eligible New York City employees a way to save for retirement through convenient payroll deductions. This plan is administered by The Office of Labor Relations (OLR).

Client Service Center Information: As always, you can speak with a Deferred Compensation Plan Customer Service Representative about the Plan and your account(s) on the phone by calling at (212) 306-7760, 9am to 5pm, Monday through Friday, except holidays.

You can: Call the HELPLINE at 1-800-422-8463 and an Account Executive will help you.

A team of 17 regional Account Executives who offer local on-site educational programs to employees of participating employers. A team of HELPLINE Representatives located in Troy, New York that is available Monday through Friday 8am until 11pm and Saturday from 9am until 6pm.

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New York State Deferred Compensation Plan Phone Number In Queens