Dear Colleagues, As a reminder, the PEP program provides a means by which eligible employees – generally, NYSHIP enrollees who earn vacation and currently make less than $111,905 a year – may cash in previously accrued vacation days for a bi-weekly credit to reduce the cost of their health insurance premiums. The number of days […]
Tag: PEP Program
Dear Colleagues, You should have received in the mail the 2025 Planning for Option Transfer booklet from NYSHIP. This booklet contains the information you need to consider regarding the Option Transfer – Opt-out Program, the Pre-Tax Contribution Program and the Productivity Enhancement Program. Additional information can also be found at: Option Transfer Guide (ny.gov) Please […]