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The Stable Income Fund ("the SIF") is a conservative NYS Deferred Compensation Plan (“NYSDCP”) investment option with the objectives of preserving capital while earning a modest current income. Participants can move money in or out of the SIF on a daily basis without penalty.
30 Ιουν 2024 · The Stable Income Fund (the "Fund") is a plan investment option that seeks to provide interest income consistent with prevailing market and interest rate conditions, principal stability, capital preservation, and liquidity for participant activity.
Stable Income Fund & International Equity Funds. The purpose and structure of the Stable Income Fund (the Fund) is to provide a reasonable level of interest income with a low risk of principal loss.
The Stable Income Fund will maintain an allocation to liquid bond investments, guaranteed investment contracts, other investment grade fixed income portfolios and wrap contracts issued by banks and insurance companies. Fees: NYCDCP Fee versus Institutional Fund Fee. NYCDCP Stable Income Fund 0.26% Institutional Median Stable Income Fund 0.56%
Go to www.labor.ny.gov/signin. Enter your NY.gov username and password. Click the “Unemployment Services” button on the My Online Services page. Then click “Certify to Claim Your Weekly Benefits Here” and follow the instructions.
It's best to claim weekly benefits or obtain benefit payment information online with your NY.Gov ID. Certify Online. or call 1-888-581-5812. If you use TTY/TDD, call a relay operator first at (800) 662-1220, and ask the operator to call the Telephone Claims Center at (888) 783- 1370.
The yield for the Stable Income Fund for the period July 1, 2024 to September 30, 2024 will be 2.95%. The yield is an annual rate that changes each calendar quarter. Participants earn approximately 1/4th of the yield each quarter. Total assets equals the sum of all participant balances.
