Farmingdale State College Retirement Information

SUNY Retirement Programs


The information provided below will assist you with retirement plan options available to Farmingdale State College employees. For new employees, your selection of a retirement system is an important decision, so please review your options very carefully. Once your election is made, you will generally not be allowed to change retirement systems; unless you have a change in your employment title making you eligible for a different retirement system for the first time and you opt to change to that system within 30 days of your eligible appointment.

 

Retirement Plans Overview & Eligibility


RETIREMENT PLANS COMPARISON VIDEO -- WATCH ME!


It is important to note that membership in a retirement system may not otherwise be changed or withdrawn during your current or any subsequent employment with any SUNY or community college campus.


SUNY Optional Retirement Plan (ORP) Information

SUNY ORP Investment Providers: 


SUNY Defined Benefit Plan Information


How to Enroll in a Retirement Program

Once you have carefully reviewed your options, your first step is to register with Retirement@Work and elect your retirement program and provide your retirement system history. All Farmingdale State College NEW employees must use Retirement@Work to select a retirement plan within 30 days of their hire date. Retirement Election is a 2-step process: 

Step 1: Register with Retirement@Work and elect your retirement plan.

Step 2: Complete your retirement plan election by completing the enrollment process required by the plan you selected. 

  • If you selected the SUNY Optional Retirement Plan (ORP) based upon your eligibility, you will need to complete an online enrollment process with the investment provider you selected. You will then need to send confirmation of your enrollment to your Benefits Administrator.
  • ORP Enrollees  -  Schedule an appointment with TIAA Campus Representative -- Online Scheduler
  • If you selected a Defined Pension Plan (NYSLRS, TRS or PFRS) based on your eligibility, you will need to complete the required paper application. 

How to Register/Manage Accounts in Retirement@Work

How to register with Retirement@Work - Quick Reference Guide Instructions


Phased Retirement


Planning for Retirement

Pre-Retirement Forms and Information Booklets


 

Human Resources

Whitman Hall, Room 260
934-420-2107
hr@farmingdale.edu

Hours are by appointment only. Please email hr@farmingdale.edu to schedule an appointment.

Last Modified 5/6/21