Retirement Planning Tips for New York State Employees
Tip of the Month
Upon my death, what happens to the balance remaining in my NYS Deferred Compensation Plan account?
Upon your death, the amount remaining in your Plan account will be paid to your named beneficiary. If you did not name a beneficiary, the amount remaining will be paid to your spouse, if you have a spouse, or to your estate. To speak to a Deferred Compensation Account Executive or HELPLINE Representative, call 800-422-8463. Representatives are available Monday through Friday, from 8:00 a.m. to 11:00 p.m., and Saturdays from 9:00 a.m. to 6:00 p.m., except holidays. You may also visit the Deferred Compensation Plan website at www.nysdcp.com.