Retirement Seminar Registration and Schedule, College Pension Plan 2025

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The PREP seminar will help you understand your NYSTRS benefits while also providing essential retirement-planning tips. This information will help you develop a plan to achieve your retirement goals and dreams.
The Cornell University Retirement Plan (CURP) benefit is designed to provide retirement income to endowed employees during their retirement. Eligible Cornell employees receive a discretionary 10% contribution deposited into a 403(b) retirement plan.
Pension funds are difficult to get since they cannot be accessed while the individual is still working. Pensions are solely for retirement, and if an individual needs money, they cannot even consider accessing the pension amount without incurring severe penalties.
These seminars offer guidance and expertise to help you make informed decisions and chart a course toward a worry-free retirement. Participating in a retirement seminar can help make a significant impact on your financial future and overall well-being.
The 401(k) plan is a defined-contribution pension plan, although the term pension plan is commonly used to refer to the traditional defined-benefit plan. The defined-contribution plan is less expensive for a company to sponsor, and the long-term costs are easier to estimate.
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Both are methods of funding employees retirement costs with real tax savings for participants. The main differences: A pension guarantees the retiree a set payment for life. A 401(k) and similar plans, like the 403(b), accumulate cash until the employee retires and takes responsibility for managing the account.

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