It's Not Too Early To Start Planning

Learn about:
• The retirement process
• Your retirement benefits

> Register For a Retirement Planning Session
> Read About Planning My State Retirement

Retirement Plan Options

The University at Buffalo is proud to offer an excellent retirement plan option as a part of your benefits package. Human Resources is here to answer any questions you may have regarding your options.

Lissa Jasinowski

Retirement Administrator

State Benefit Services

Phone: (716) 645-4488


Employees' Retirement System (ERS) Tier VI

ERS is a defined benefit plan that provides a fixed, lifetime monthly income at retirement. Your benefit amount is calcuated based on age, years of service and final average salary.

Vesting is the service period required to become eligible for a benefit at retirement. ERS requires a 10-year full time service credit vesting period.

You will contribute to the pension for the duration of employment based on your salary.

Annual Salary Employee Contribution
$45,000.00 or less 3.00%
$45,000.01 - $55,000.00
$55,000.01 - $75,000.00
$75,000.01 - $100,000.00 5.75%
$100,000.01 or more 6.00%

How to Enroll

Full-time employees must enroll in a plan no later than 30 days from their appointment begin date. Enrolling past this deadline may affect retirement benefits. Part-time employees can enroll at any time.

Employees' Retirement System (ERS) Tier VI

  1. Complete the Retirement Program Election Form.
  2. Complete the ERS Membership Registration RS 5420 Form.
  3. Submit the form to:

Human Resources
120 Crofts Hall
North Campus

Manage My Retirement Plan

Become familiar with your retirement account and manage it personally.

NYS Employees' Retirement System (ERS)

Managing My Retirement Online

Retirement Online is a secure area where you can access and manage your personal retirement information.

Updating My Personal Information For ERS

Download ERS Member Form

Changing or Updating My ERS Membership

Reinstatement to Tier 3, 4 or 5

Contact ERS at 866-805-0990 or write to:

Tier Reinstatement Unit
110 State Street
Albany, NY 12244.

Applying For Prior Service Credit

Applying For a Loan

Download a Loan Application

Changing My Contributions

You cannot change your contributions per plan guidelines. For more information, refer to your plan benefits.

If you are interested in additional retirement savings, you can establish a separate voluntary retirement savings plan (link to voluntary retirement plans information) account.

Voluntary Retirement Savings

In addition to your retirement plan, you have the opportunity to save extra money for retirement through voluntary retirement plan options. You can establish your voluntary plan at any time and can change your contributions to adjust your needs. There are no employer contributions for voluntary retirement plans.

State Benefits

Human Resources

Phone: 716-645-7777


Contribution Limits Based on 2017 Tax Year


Maximum Deferral

Age 49 and Under

Maximum Deferral

Age 50 and over

403(b) Supplemental Retirement Annuity $18,000 $24,000
457(b) New York State Deferred Compensation
$18,000 $24,000
Total Limit for Plan Year
$36,000 $48,000

Voluntary Plan Options

You may choose to enroll in one or both plan options available. Making contributions to one plan does not affect the other plan.

403(b) Supplemental Retirement Annuity

Contribute a flat dollar amount pre-tax each paycheck. There is no penalty for withdrawals from your account if you have separated from state service at age 55 or older or if you are still working and are 59 1/2 or older.

This plan is set up under Section 403(b) of the Internal Revenue Code. If, through another employer, you contribute to a 403(b) or 401(k) plan, annual contribution limitations apply to all contributions combined. Contributions to a 457(b) plan do not affect contributions to this program.

457(b) New York State Deferred Compensation Plan

Contribute a percentage of each paycheck pre or after-tax. Once separated from state service, there is no penalty for withdrawals from your account, regardless of age.

Enrolling and Managing Your Voluntary Account

403(b) Supplemental Retirement Annuity

How to Enroll

  1. Set up your account with one of the below listed approved vendor representatives

How to Manage Your Account

  • To change or stop your deduction
  • Manage your investments directly with your plan vendor.
  • To withdraw funds or take a loan, contact your plan vendor.
Approved Vendor Vendor Representative



Brent Peterson, CRPC




Schedule an Appointment

Anne Anderson, CHFC, CLU, CRPC


Richard Brewer


Thomas Domin, CFP




Jeffrey Otterstein




George Dougherty


Glenn Shaikun


Gary Witten, CFP


457(b) New York State Deferred Compensation Plan

  • Accounts are set up and managed directly through NYS Deferred Compensation.
  • Human Resources is unable to change your deductions.
  • To withdraw funds or take a loan, contact NYS Deferred Compensation.