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If you need a Separation from Withdrawal Form for your SERS Defined Contribution Plan or SERS Deferred Compensation Plan, please contact Empower at (866) 737-7457. If you need assistance resolving an Agency Debt that is holding up payment of your withdrawal, please contact your HR Department.
The form you use to request a withdrawal from your account will be determined by the type of withdrawal you want to make. In most cases, you can access and submit your form in your online Defined Contribution Plan account or mobile app.
18 Οκτ 2024 · If you have a governmental or non-governmental 457 (b) plan, you can withdraw some or all of your funds upon retirement even if you are not yet 59½ years old. There is no 10% penalty for...
(You need to have at least one payroll deferral into your new deferred comp account in order to defer your leave payout.) Your first step is to contact your HR office to learn if you are eligible for a leave payout and the amount. Then, contact a deferred comp representative at 1.866.737.7457 to discuss the rollover process. Annual SERS ...
The New York Power Authority Deferred Compensation Plan (“Plan”) is a voluntary retirement savings program that allows you to save and invest today for your retirement. The Plan is governed by Section 457(b) of the Internal Revenue Code.
The Pennsylvania State Employees’ Retirement System’s Deferred Compensation Program is a governmental 457(b) retirement savings plan that allows employees to supplement existing retirement and pension benefits by investing through a voluntary salary contribution.
Hybrid Plan. Provides you with a combined retirement benefit, which includes a pension and investment plan.
