logo
Date: October 29, 2008
Bulletin Number: 847
line
Subject

New York’s 529 College Savings Program Informational Leaflets

 

Purpose

To notify agencies of the direct mailing of informational leaflets from the New York College Savings Program.

 

Affected Employees

All employees.

 

Effective Date(s)

Paychecks dated November 12, 2008 (Administration).
Paychecks dated November 20, 2008 (Institution).

 

OSC Actions

 

The Bureau of State Payroll Services, Office of the State Comptroller (OSC), has partnered with New York’s 529 College Savings Program to provide employees with information on New York’s 529 Direct Plan.  Agencies can expect to receive informational leaflets from the New York College Savings Program by the end of the first week of November.

 

Agency Actions

Agency payroll offices should distribute the New York College Savings Program leaflets with paychecks and direct deposit advice statements dated November 12, 2008 (Administration) and November 20, 2008 (Institution).

Agencies will continue to enter the College Savings Program information on the Direct Deposit pages of an employee’s record.  The account type “checking” must be selected for these entries.

 

Questions

Questions regarding this bulletin may be e-mailed to the Payroll Deductions mailbox.

Questions regarding New York’s 529 College Savings Program may be directed to the Program at 1-800-420-2675.