October 8, 2025 | FAQs, FAQs - Deferred Compensation Plan
If you pass away while actively working, your surviving spouses is not eligible for survivor benefits from the SURS LIS. Instead, a lump sum of your SURS LIS account balance will be payable to your beneficiary. A spouse who is not age 45 on the date of retirement is...
October 8, 2025 | FAQs, FAQs - Deferred Compensation Plan
When you enroll in the SURS DCP through the online enrollment website, you will have the opportunity to electronically name beneficiaries at that time. The beneficiary information is then stored at Voya. You should receive a confirmation letter. If you do not name a...
October 8, 2025 | FAQs, FAQs - Deferred Compensation Plan
Voya statements are made available quarterly. You can access the statement by logging in to your DCP account through the SURS member website. From your online DCP website, click on the State-ments & Documents tab, then click on Statements. You should see a list of...
October 8, 2025 | FAQs, FAQs - Deferred Compensation Plan
Yes. Members are only allowed to roll their vacation payouts into their DCP account if they have enrolled in the DCP prior to termination of employment. Once enrolled, you can initiate the process by talking to HR/Benefits at your employer. After speaking with your...
October 8, 2025 | FAQs, FAQs - Deferred Compensation Plan
No, contributions that are rolled into the SURS DCP do not count towards the annual contribution limit. Return to Frequently Asked Questions
October 8, 2025 | FAQs, FAQs - Deferred Compensation Plan
Yes, the SURS DCP will accept a roll-in from another plan. A rollover maintains the tax-favored status of your assets. You may roll over balances from your former employer’s 457(b) plan, 401(a) plan, 401(k) plan, 403(b) plan or a Traditional IRA. You may roll...
