NYC Health + Hospitals provides generous retirement benefits to all eligible employees and provides guidance to allow you a smooth transition from active to retiree status. We invite you to browse through our site and make your savings for retirement easy!
If you have any Questions Please Call:
1(646)694-6554 or send us an Email.
NYC Employees’ Retirement System (NYCERS)
NYCERS is a defined benefit retirement plan established in 1920 and is the largest retirement system in New York City. The benefits are defined by law and are protected by the New York State Constitution. Your retirement benefit is determined by a formula based on years of service, salary history, and employee contribution. Your Benefit is funded by employee and employer contributions and from earnings on the invested assets of the system. Visit NYCERS >, Useful Forms >
NYC Health + Hospitals’ TDA Program 403B
TDA Program is a retirement program established in 1977 and is only available to NYC Health + Hospitals employees. The 403(b) program allows you to save for retirement on a tax-deferred basis. Visit TDA >
To schedule your virtual one-on-one retirement consultation, please contact the appropriate TDA Counselor found on the NYCHH website: www.empower.com/nychhctda. The TDA plan customer service center is available from 8 am – 10 pm ET toll-free at 855-444-2832.
NYC Deferred Compensation Plans (DCP)
DCP is a defined contribution plan established in 1986 and is available to all New York City employees. The Plan is comprised of two programs: a 457 Plan and a 401(k) Plan. Employees may choose to join either the 457, the 401(k), or both. Visit DCP >, Useful Forms >
NYC Retiree Health Benefit Programs
The Health Benefits Program provides service and information to City retirees who have questions about retiree health benefit enrollment. Visit Retiree Health >, Useful Forms >
NYC Treasury Direct
A convenient and secure web-based system that allows employees to purchase, manage, and redeem paperless savings bonds 24/7 from home. Treasury Direct deductions are taken on an after-tax basis. Visit Treasury Direct >, Useful Forms >
NY 529 College Savings Program
New York’s 529 College Savings Program Direct Plan provides New York families with a tax-advantaged way to save for college and allows HHC employees to save for college through easy payroll deductions. The minimum deduction is $15 per pay period, per investment option, per beneficiary. You may add, change, or stop your payroll deductions at any time. Visit NY 529 College Savings Program >
Municipal Credit Union
MCU is a full-service financial institution that offers its members a broad range of services including checking and savings accounts, Visa cards, mortgages, loans, ATM access, money market accounts, and individual retirement accounts. MCU deductions are taken on an after-tax basis. All NYC Health + Hospitals employees are eligible to join. Visit MCU >