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State Universities Retirement System (SURS)

New members of the State Universities Retirement System (SURS) must choose from 3 retirement plans within six months of the date SURS receives your employment certification- the Traditional Benefit, Portable Benefit or Self-Managed Plan.  If you do not make a plan choice within this time frame, you will automatically be permanently enrolled in the Traditional Benefit Plan.  Your plan choice is an irrevocable, one-time decision that cannot be changed at a later date. 

City Colleges employees will not pay into Social Security and are not eligible for Social Security coverage based on their employment while at City Colleges.  At retirement, certain restrictions may apply to your Social Security income if you receive Social Security benefits and a retirement benefit from SURS.  You should contact the Social Security Administration for more information on these provisions.   

Learn more by reading The Power of Choice Workbook, intended to provide you with guidance and an overview of important investment concepts.