RF - Research Foundation

ELIGIBILITY

Eligibility

403 (b)  ORP -Group Supplemental Retirement Annuity (GSRA): If you are an active non-student employee of the RF (including employees who are paid on an hourly basis), you are eligible to participate in the Optional Retirement Plan regardless of hours worked. 

401 (a) Basic Retirement Plan:  All non-student RF employees working the required hours of service (975 hours of service for a 37.5-hour week or 1,000 hours for a 40-hour week) shall participate in the Basic Retirement plan upon completing a waiting period of one year of qualified service. The following individuals are ineligible to participate in the plan:

• Full-time SUNY students employed in a specific RF student title; however, student service as an RF employee will be considered toward the waiting period if the student is subsequently appointed as a regular RF employee, and before incurring five consecutive one- year breaks in service;
• Leased employees; and
• Persons engaged as independent contractors.

Effective Date

Provided you enroll within 30 days of your hire date, the effective date of your retirement plan will be your hire date. Missing the 30 day deadline will result in an off-cycle effective date.