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 Your savings can be withdrawn when you leave County service, regardless of age, and there are various withdrawal options.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 April 2020
Information on the Secure Act recently passed into law.
T.Rowe Visualize Retirement Seminar materials are available here :Workbook
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. To schedule an appointment please call the T. Rowe Price Representative Coordinator Brooke Navin at 410-345-5277.
T.Rowe Price Representative Onsite Schedules:
2020: January ~ Suffolk Deferred Compensation Plan T.Rowe Price Representative Onsite Schedule
2020: February ~ March Suffolk Deferred Compensation Plan T.Rowe Price Representative Onsite Schedule
Suffolk Deferred Compensation Board announces
Admin Budget reallocation of excess revenue to participants. "Following the January Deferred Compensation Board meeting, the Board instructed T. Rowe Price to issue another credit to Plan participants, based on excess revenue from 2018." Read the full Announcement
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.