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New 401 (k) Program Offers
Top Investment Options & Customized Plans
The New York Bankers Service Corporation (NYBSCO)
and Milliman, Inc., a leading provider of retirement plan services, have
developed an attractive, affordable and reliable 401 (k) program for New
York Bankers Association Member Banks and their employees. The plan
includes access to a state-of-the-art, Web-enabled system and
best-in-class investment options at low expense levels, so participants
realize better investment returns. Each participating bank can choose
its own plan provisions and investment options that include mutual
funds, institutional share class funds, company stock and model
portfolios. The program provides participating employees with instant
access to benefit information, including retirement information and
tools that give participants the opportunity to estimate future
retirement benefits. Milliman, which has serviced NYBA’s Pension Plan
for more than 10 years, provides services for some 4,000 retirement
plans, representing more than two million participants.
For further information, please call
Randy Broscious of Milliman at (518) 514-7100, e-mail:
randall.broscious@milliman.com.
, or NYBA’s Gus Kananis at (518) 434-3556, e-mail:
gkananis@nyba.com.
Bank Employee Benefit Insurance Plans
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Group Dental Plan
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Group Term Life and AD&D
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Optional Term Life Insurance for Employees
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Executive Supplemental Life and AD&D
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Dependent Life Insurance
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Directors Life Insurance
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Personal Accident Insurance
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Long Term Disability
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NYS Short Term Disability
BISYS ̶
Qualified Forms
Clark Consulting -
Bank-Sponsored Long Term Care Plans for Executives & Directors
Clark Consulting
̶ Executive Group Term Carve-Out Clark Consulting
̶ Deferred Compensation Plans
For Bank Executives And Directors
Defined Benefit Retirement Plan
Job Bank Progressive Insurance
̶ D&O And Blanket Bond
Unum Provident ̶ Group Long
Term Care
Unum Provident
̶ Voluntary Short-term Disability
Workers Compensation Safety Group |