The State System offers two additional options to save and invest extra money for retirement:
Whether you are supplementing your group retirement plan or you are not eligible to enroll in the group retirement plan, the voluntary supplemental retirement plans are available to all employees upon their date of hire. Employees can choose to enroll
in these plans at any time and contribute up to the annual IRS limits in both plans. There are no employer contributions for these plans.
Detailed information on the Voluntary Retirement Plans
The deferred compensation program website
has a new look and now has the capability for
new participants to enroll online. Employees can log
on to the SERS/deferred compensation website directly or via the State System
public website under Voluntary Retirement Programs.
To enroll online, participants would click on the “Start saving
for your future” link on the SERS website and follow the “How to enroll” directions. New enrollees will need the required code, which is found by
clicking on the access code link, as well as the employer name for
the Division code by clicking on the list link. The State System
of Higher Education is found on the second page of the Employer