On November 3, 2017, SUNY launched a new retirement and enrollment management system called Retirement@work. The system provides improved services through an easy to navigate online system. You will:
Main Page Content
- Have access to a central place to learn about your retirement plan benefits and investment providers.
- Quickly and easily elect and manage your salary deferral elections online for the SUNY 403 (b) Voluntary Savings Program, also called the Tax-Deferred Annuity (TDA)
- Designate investment providers for both the Optional Retirement Program (ORP) and Tax-Deferred Annuity
- Link to the specific online enrollment sites for each approved investment provider to complete the enrollment process for the ORP and TDA
Voluntary Savings Plan Information
Choosing an Effective Date in Retirement@Work
What You Need to Know
If you want your current SRA to remain in place, you do not need to take action. If no action is taken, all current agreements will remain in place.
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Deductions may only be specified as a biweekly dollar amount.
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The 2023 calendar year limits are $22,500 or $30,000 for individuals 50 or older.
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The biweekly deduction you elect will be taken from each paycheck until you reach the calendar year limit or change or stop the deduction through Retirement@Work.
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It will be the participant’s responsibility to determine and monitor their biweekly deductions. If you elect a deduction amount that is higher than what can be deducted from your paycheck, no deduction will be taken.
Need Help? Call (866) 271-0960
Specifically trained consultants are ready to help you with enrollment or account changes. Phone line hours are weekdays, 8 am to 10 pm and Saturday 9 am to 6 pm (ET).https://www.suny.edu/media/suny/content-assets/documents/benefits/voluntary-savings-plans/2022-cola/SUNY-Effective-Date-Flyer_CROPPED.pdfChoosing an Effective Date in Retirement@Work