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The Deferred Compensation Plan
Year-End Distribution Requests
With the end of the year fast approaching, we will make every effort to process forms received by December 14, 2018, for this tax year. Participants must write the year (2018), in section 2 of the form - if they are requesting the distribution to be processed in 2018.
Likewise, participants requesting distributions for tax year 2019, should also indicate the year (2019) on the distribution form.
General Information
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
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Key differences between the 457 and 401(k) Plans
How to Contact Us
We are located at 22 Cortlandt Street, 18th Floor.
To reach us by subway: Take the A, C, J, Z,#2, #3, #4 or #5 to Fulton Street; E to World Trade Center/Church Street; or R to Cortlandt Street. We are located in the Century 21 Building.
Our telephone and fax numbers are:
Phone: (212) 306-7760
Outside NYC: (888) DCP-3113 (888-327-3113)
Fax: (212) 306-7376
TTY (hearing impaired): (212) 306-7707
Please send written inquiries/correspondence to the following mailing address:
New York City Deferred Compensation Plan
Bowling Green Station, P.O. Box 93
New York, NY 10274-0093
