Retirement Planning Tips for New York State Employees
Tip of the Month
November 2014 –Upon my death, what happens to the balance in my NYS Deferred Compensation Plan Account?
Upon your death, the amount remaining in your plan account will be paid to your beneficiary(s). 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 NYS Deferred Compensation Plan 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..