Welcome to The Suffolk County NY Deferred Compensation Plan Website
This Website is for Employees of Suffolk County NY Government. If you are an Employee and would like to Join the Suffolk County Deferred Compensation Plan Click Here for an Enrollment Kit.
T.Rowe Price is onsite at County Offices and Union locations each month to answer questions and assist with plan related documents and enrollments. The dates and locations are organized by date and are arranged prior to the start of each Calendar Quarter. It is recommended that participants first call to reserve a time and date with the T.Rowe Price onsite Representative Coordinator prior to the visit -( Phone number is listed below). To see where the next visit will be click on the onsite schedule link.
2016: 4th Quarter Onsite Schedule
To schedule an appointment please call the T. Rowe Price Representative Coordinator Sean Franklin at 410-345-5277.
Please contact your Board Representative if have any questions regarding the Suffolk County Deferred Compensation Plan.
2016 Deferral and Age 50 Contributions Limits
The 2016 Elective deferral maximum limit for governmental 457(b) plans are as follows:
|457(b) Elective Deferral
|Age 50 Limit for 457(b) Government Plans
The 2016 normal deferral and the Retirement Catch-up limit is $36,000. As in prior years, participants are not eligible to contribute to both Retirement Catch-up and Age 50 Contributions in the same calendar year. Contact your Board representative to determine eligibility for catch-up.
If you have any questions, please contact your Union Board representative (see listing on this site) or leave a message at 853-5424.
Plan Summary Guide
The Deferred Compensation Board is pleased to announce that the Plan Summary Guide is now updated with important features of the plan such as taking a loan from your account, applying for retirement catch up, distribution options and unforeseeable emergency guidelines. This guide can be downloaded from this website by clicking on the link at the left. We hope that you will find this booklet both user-friendly and informative.