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 the plan but cannot provide financial advisement nor make recommendations.
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 ||3.50% |
|$55,000.01 - $75,000.00 ||4.50%|
|$75,000.01 - $100,000.00||5.75% |
|$100,000.01 or more||6.00%|
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.
Retirement plan enrollments must be completed through the SUNY Retirement@Work website.
For assistance with Retirement@Work, contact the helpline at 866-271-0960, Monday to Friday, 8 am to 10 pm (ET), and Saturday, 9 am to 6 pm (ET).
The State Benefit Services Team is available to answer your questions. Use our contact information below to access all team members for the fastest response.
Contact our department leaders for additional assistance.