Monthly Program Updates

 Pre-Retirement Planning Information

Deferred Compensation Program

Can I roll assets into my Deferred Compensation Plan?

Yes, if you have other retirement accounts in a former employer’s 401(k), 403(b), deferred compensation plan, or in an Individual Retirement Account you can roll those assets into your deferred compensation plan.

When I leave employment, may lump sum payments for accrued but unused vacation leave be deferred to the Plan?

Yes, provided that those deferrals are received by the Plan no later than 75 calendar days after your last day of employment, or within the calendar year you terminated employment.

 To speak with a Deferred Compensation Account Executive or HELPLINE Representative, call (800) 422-8463. Representatives are available Monday through Friday, from 8:00 a.m. to 11:00 p.m., and Saturdays from 9:00 a.m. to 6:00 p.m., except holidays. You may also visit the Deferred Compensation Plan website at www.nysdcp.com.

For additional Deferred Compensation information, go to the Self-Help Guide to Pre-Retirement Planning, Chapter 8 at: Self-Help Guide.

For Pre-Retirement Planning information, go to: DIRECTIONS: Pre-Retirement Planning Information.

NYS Network Child Care Center Highlight

This month we are spotlighting Stony Brook Child Care Services.

Stony Brook Child Care began offering child care services in 1971 and is accredited by the National Association for the Education of Young Children (NAEYC). The Center serves children and families of State employees, including Stony Brook University faculty and staff, and the community at large. All State employees receive priority enrollment.

The Center has multi-age infant-toddler and preschool groups that utilize a play-based curriculum. At the Center, experimentation and discovery provide solid foundations in math, science, and literacy. Children may participate in small group activities and learn about social responsibility fostered through developing conflict resolution skills.

The Center has a spacious and innovative indoor and outdoor environment designed by teachers and parents. Qualified early childhood teachers design the classroom environment and organize materials for activities that foster children's independence and inquisitive nature.

Some quick facts about Stony Brook Child Care Services:

• The Center is open year-around, Monday through Friday, 6:30 a.m. – 6:00 p.m.
• The Center has a licensed capacity of 160 children.
• The Center provides families with infant, toddler, and preschool programs.
• The program promotes nutritional health and awareness by providing healthy food choices for lunch and snacks.

For additional information, visit our website at: www.sunysb.edu/childcare or call the Center at (631) 632-6930.