The Deferred Compensation Plan


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Important Notice

The Deferred Compensation Plan's client service walk-in center remains closed to visitors. You can contact a Plan representative at (212) 306-7760.

Please submit your documents as follows:

1) EMAIL THE PLAN: Inquiries and questions should be sent via email to the Plan.

2) SEND FORMS/DOCUMENTS: Forms and Documents should be sent to NEWYRK@VOYAPLANS.com. Please only include the last 4 digits of your Social Security number, along with your name and address on all forms. Forms can also be faxed to 844-299-2362. Please do not submit your form/document more than once. This will only delay processing. You will receive a confirmation email shortly after submitting your form/document.

Forms that are required to be notarized will be accepted without being notarized as long as a valid government issued ID, such as a copy of your Passport or Driver's license, is included with your form

Also, please do not send forms or documents via express mail.

Please check back periodically for updates.

Download Adobe Scan to convert your hardcopy documents into PDFs. Use your smart phone or tablet camera to take a picture of your paper form and Adobe Scan will convert it to a PDF. Adobe Scan mobile app is available for iPhone and Android.



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General Information

The New York City Deferred Compensation Plan (DCP) allows eligible New York City employees a way to save for retirement through convenient payroll deductions. DCP is comprised of two programs: a 457 Plan and a 401(k) Plan, both of which offer pre-tax and Roth (after-tax) options.

For employees enrolled in a City pension plan, and for non-pension member employees who are contributing less than 7.5% to either the 457 Plan or the 401(k), DCP is a supplemental savings plan to their pension and Social Security.

For non-pension member employees who elect to contribute 7.5% or more to the Deferred Compensation Plan, DCP is their sole retirement plan in lieu of Social Security.  To learn more about this, play our DCP in Lieu of FICA Video.

DCP NEWS

 

1.  Individual Financial Consultations

2.  Attention Public Safety Workers 

3.  Contribution Limit Remains Unchanged for 2021

4.  Financial Wellness Center

 


Eight in ten investors either feel they are not saving enough for retirement or aren't sure how much they need to save. Are you sure that you’re saving enough for your future? Get your Personalized Financial Snapshot.

 

Play The Benefits of Having an Emergency Fund video

 

Key differences between the 457 and 401(k) Plans

Learn More About DCP

How to Enroll

Retirement Planning Tools


How to Contact Us

PLEASE NOTE THAT OUR CUSTOMER SERVICE WALK-IN CENTER REMAINS CLOSED.  PLEASE REFER TO THE INSTRUCTIONS ABOVE FOR CONTACTING THE PLAN.

Our telephone numbers are:

Phone: (212) 306-7760
Outside NYC: (888) DCP-3113 (888-327-3113)


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