TC SUNY VDC April Webinar PPT - The State University of New York

Getting ready for implementation
Your role as plan administrator
Key activities you should perform (as applicable) to prepare your agency
for July 1:
• Start working with your payroll provider to onboard your agency in the
VDC Program
• Work with your payroll provider and TIAA-CREF to determine the data
file type applicable to your agency
• Create a remittance file
– TIAA-CREF will work directly with the OSC and the OPA to create a file.
– Other Agencies will create their own file
• Establish an escrow account and the escrow process
• Prepare to communicate to eligible new employees
For Institutional Investor Use Only. Not for Use With or Distribution to the Public.
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