SUNY Retirement Plan Changes

SUNY Retirement Plan Changes Effective 9/4/18

We are pleased to announce important changes to the SUNY Optional Retirement Program (ORP) and 403(b) Voluntary Savings Plan. Effective September 4, 2018, a post-tax (Roth) option will be available within the SUNY 403(b) plan, and the allowable number of loans issued under the SUNY 403(b) and ORP will be limited. Please see below for more details.

New Roth (post-tax) Voluntary Retirement Savings Option Available within SUNY 403(b) Plan

Changes to the SUNY Loan Policy

If you have questions about the Roth option or the new loan policy, please contact your campus benefits administrator or your investment provider(s).


Please note that this information has been prepared as a general summary of the benefits available to SUNY employees. It cannot provide you with the complete details on all benefits related matters. You should carefully review and research the options available to you before making any enrollment decisions. Only authorized representatives from each plan administrator or benefit plan provider are adequately knowledgeable and experienced to fully address your questions or to assist you with many of the technical aspects of their respective programs. The information contained in all SUNY publications and web sites is intended only as a basic summary overview and to provide you with basic points for your consideration. You are invited to contact representatives from the benefit plan in which you are interested for additional information or with specific questions about their respective benefits or coverage.