What You Need to Know about Changes to the Plan
Effective July 10, 2017, the Plan will be using a new menu of investment options. In the April edition of the Quarterly, you learned why the menu is changing as well as the types of investment options that will be available in July.
To learn which investment options are changing, what you need to do and why transition accounts are required, refer to Deferred Comp 2.0 to learn more. This special edition of the Quarterly newsletter, issued in June, provides information on what’s changing. In the newsletter, you’ll read about transition accounts, why they are needed, how they work and how they benefit you.
After July 10, the investment option performance and fact sheets for the new funds will be available under What Are My Investment Options under About NYSDCP on this Web site. Until that time, see below for pertinent information on the new investment options.
Read the following articles to learn about the new investment options and why the menu is changing.
January 2017 Quarterly — Highlights the three approaches to Plan investing
April 2017 Quarterly — Describes the types of options, including CITs
June 2017 Special Edition — Describes specifically what is changing
June 2017 Special Edition Insert — Summary of the entire new Plan lineup
Guide to Investment Options — Updated brochure on the Plan's investment lineup
Transition Accounts — More information on how transition accounts work
Expense Comparisons — Chart illustrating cost savings in the new lineup
VRUs for the new Plan lineup — Lists the Voice Response Unit numbers for the new investment menu
Frequently Asked Questions — Answers to a list of commonly asked questions
Transition Account Updates — The latest updates on Transition Account Closures
Review the following fact sheets for information on options that will be available after July 10, 2017.
T. Rowe Price Retirement Date Trusts (All Years)
Information is available on the cost savings, by fund. You can view the annual savings for every $1,000 invested. For comprehensive information on the new investment options available to the Plan, effective July 10, 2017, please refer to the Guide to Investment Options.
More questions? Please call your Account Executive or the HELPLINE at 1-800-422-8463 for help.
Information included in fact sheets are provided by a third party.