Click on the Button above to enroll in the plan using our new Online Enrollment
Welcome to The Suffolk County NY Deferred Compensation Plan Website
This Website is for Employees of Suffolk County NY Government.
The Suffolk County Deferred Compensation Plan allows employees to save for retirement, with pre-tax contributions. Saving towards retirement though the Plan is easy and adds to your retirement income. Your savings can be withdrawn when you leave County service, regardless of age, and there are various withdrawal options. Please refer to the Plan Summary Guide for more information
You may also join by using the Enrollment Kit. Download the Enrollment Kit.
Enrollment FORM Only
Covid-19 Update July 2020
Information on the Secure Act recently passed into law.
T. Rowe Price is typically on-site at County and Union offices each month to answer any questions you may have, provide information on the investment options available in the Plan, and discuss retirement planning strategies. Due to COVID-19, on-site visits are suspended until further notice but you may still schedule one-on-one calls with our T. Rowe Price Representative for the weeks listed below:
- Nov 16th - 20th
- Dec 14th - 18th
Please call Brooke Navin at 410-345-5277 to schedule an appointment.
Leaving County Service - Please read this Informative Guide
"Plan Participants Separating From County Service - What to Know."
Please contact your Board Representative if have any questions regarding the Suffolk County Deferred Compensation Plan.
2020 Deferral and Age 50 Contributions Limits
The 2020 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 2020 Elective Deferral limit is increasing to $19,500 ,the Age 50 Limit to $6,500, and catch-up to $39,000. 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) you may also leave a message for the plan administrator at 631-853-5424.
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.