Our annuity program is available to all employees, including part-time and substitute employees. Suffolk Public Schools offers both IRS Section 403(b) and Section 457(b) deferred compensation plans to all of its employees, including part-time and substitute employees. These plans allow the employee to defer compensation (maximum amounts apply) on a per pay basis, saving current taxes and providing the employee with additional retirement income.
The selected company representative will help you with your individual plan. Call Ty Carr in the Payroll Office at 925-6754 for more information or call any of the company representatives.
Approved Annuity Providers
Employees should discuss their individual long-term goals with the provider representatives to determine which plans are best suited for them. Contributions to these plans are voluntary and are funded through employee payroll deduction. Prior to contributing, employees must open an account with an investment provider. Approved providers are listed below and may be selected by any employee for salary deferral through payroll deduction.
- Tim Hewitt (757) 650-1319
- E Kaye Weaver (757) 562-0936
- Wardell M Nottingham (757) 461-7455
- Andre Dawkins (757) 777-3177
- Brooke Larson (757) 312-0620
- Vickie Pulley (757) 619-5819
- Jacques Cureton (757) 447-7211
- Peter Olenick (757) 447-7211
- Roland “Raleigh” Martin (888) 316-9771
Online Salary Reduction Agreement (SRA)
Select the link below to learn how to complete and submit your Salary Reduction Agreement (SRA) with ease using the OMNI online SRA submission process!
Suffolk Public Schools has contracted with “The OMNI Group” to administer our 403(b) Retirement Plan in compliance with new IRS guidelines. Under our agreement, it is OMNI’s responsibility to ensure that the district, its employee participants, and each of our providers adhere to all of the many compliance regulations of the IRS. As part of the process of assuring compliance with IRS regulations, OMNI has standardized our tax sheltered annuity forms. Interested employees must complete and sign the new OMNI Salary Reduction Agreement (SRA) and submit it directly to OMNI. IRS regulations will not permit OMNI to process your payroll deduction without a completed form. Forms must be submitted by any paydate to be effective the following paydate. All employees are also eligible to participate in the IRS 457 deferred compensation plan. New participants in the 403(b) or 457 plans may contact Ty Carr in the Finance Department for further details at firstname.lastname@example.org or by phone at 925-6756.