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Save money with payroll, pension deduction
Payroll deduction of NYSUT Member Benefits-endorsed programs eliminates check-writing and late payments. This payment option is available to members of any local
association that has made arrangements with its employer.
Pension deduction is available to retirees collecting a monthly pension benefit from New York State Teachers’ Retirement System, New York City Teachers’ Retirement System, New York State Employees’ Retirement System or New York City Board of Education Retirement System. It’s also an option for retirees who receive income from a monthly lifetime annuity from TIAA-CREF.
Annual premiums are easier to budget, since they are divided into smaller payments deducted from 20 paychecks (26 deductions for members of United University Professions), or from 12 monthly pension benefits.
Payroll deduction information is kept confidential. Your employer’s business office is given no information regarding the benefits in which you participate. The only information shared is the amount to deduct from your paychecks.
For Your Information:
New Financial Counseling Program available
Finally, a place you can go for unbiased financial advice!
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Save the date - NYSUT Member Benefits Conference in 2010
The NYSUT Member Benefits Conference will take place November 19-20, 2010 at The Saratoga Hilton in Saratoga Springs, New York.
Online benefit look-up service now available.
This service, called My Program Participation, lets you look up information about the endorsed programs you participate in, including your payment method and premium amount. This information is provided to you on a secured site.