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HCSD Employment

Employee Resources

403B & 457 Retirement Savings

Employees may elect to make pre-tax contributions to a 403B and/or 457 retirement savings account, otherwise referred to as a tax deferred account (TDA) or tax sheltered account (TSA).  Pre-tax contributions made to a 403B retirement savings account may be withdrawn without penalty once a retired employee reaches the age of 59.5. Pre-tax contributions made to a 457 retirement savings account may be withdrawn without penalty whenever an employee separates from employment with the Harrison Central School District. Depending on an employee's current age, there are annual contribution limits that are established by the Internal Revenue Service.

403B Retirement Savings Account

The District's 403B benefit plan is administered by the OMNI Group, which provides a number of resources on its website, including a link to frequently asked questions.  To set up a 403B retirement savings account or to change annual pre-tax contribution amounts, click here for the Omni 403B Enrollment/Change Form.  The District has enrolled in OMNI’s Limited Preferred Provider Program (P3)

If you have questions, you may contact the OMNI Group Customer Service  or contact the Business Office at 630-3013.

457 Retirement Savings Account

The New York State Deferred Compensation Plan, sometimes referred to as a 457 Plan, is a State-sponsored voluntary retirement savings plan that is offered to State employees and employees of approximately 880 local government jurisdictions that have adopted the Plan, including the Harrison Central School District. Its mission is to help State and local public employees achieve their retirement savings goals by providing high quality, cost effective investment products, investment educational programs and related services. The Plan is overseen by the New York State Deferred Compensation Board and managed by professional staff.  You can access more detailed information by visiting the New York State Deferred Compensation Plan website.

Click here to review Frequently Asked Questions related to the NYS Deferred Compensation Plan.