Common use of Voya Clause in Contracts

Voya. 25.2 The full-time bargaining unit member has thirty calendar days to designate in writing one of the three retirement systems. The employee automatically becomes a member of the New York State Employee's Retirement System if no other decision is communicated to the Human Resources Department within thirty calendar days of employment. 25.3 After joining one of the approved retirement systems, the staff member cannot change to another system. 25.4 College makes appropriate retirement contributions based on the employee’s salary and hire date. The College will comply with the retirement contribution rates as mandated by SUNY. 25.5 The College will contribute toward the retirement plan of a part-time employee who is already a member of one of the approved retirement plans. 25.6 Part-time professional staff members have the option of joining the New York State Employees' Retirement System. The Optional Retirement Program is currently available only for full-time staff.