State of NJ - Department of the Treasury - NJDPB

Alternate Benefit Program

The ABP is a tax-sheltered, defined contribution retirement program for certain higher education faculty, instructors, and administrators. ABP provides retirement benefits, life Insurance, and disability coverage, which can help provide security in retirement.

ABP Publications

ABP Quarterly Newsletter

Designated Service Providers Comparison Guide

Alternate Benefit Program

ABP Plan Document

ABP/ACTS 403(b) Plan Document

Income Illustration Request

ABP Designation of Beneficiary

Long-Term Disability Policy

Considerations for Choosing Between PERS & ABP

ABP Certificate of Group Life Insurance

Empower Contacts

ABP Provider Webinars and Articles

TIAA Live Educational Webinars Overview

Empower (formerly Prudential) Educational Library - financial ideas and insights for life

Voya Retirement Seminar Library - financial education webinars

Empower - Educational Resources

Special Needs Planning

Voya Cares — Special Needs Planning

We could all use a little help planning for the future – and when you have special needs to consider, knowing where to start and what resources are available can be one of the biggest challenges. We’re committed to helping all Americans retire better and making a positive impact in the lives of people with disabilities as well as their families and caregivers. Visit Voya Cares to learn more.

Voya Cares Video

ABP Providers

Name	Address	Phone	Other
Equitable	333 Thornall Street, 8th Floor Edison, NJ 08837	1-800-628-6673	N/A
Empower (formerly Prudential)	8515 E. Orchard Road Greenwood Village, CO 80111	1-866-657-3327	TDD line: 1-877-760-5166
Empower	PO Box 825764 Philadelphia, PA 19182-5764	1-866-816-4400	For assistance with enrollment and investments, please contact Yolanda Gonzalez at Gitterman Wealth Management: ygonzalez@gittermanwealth.com Once enrolled, go to Empower (formerly MassMutual) to register your account.
Teachers Insurance and Annuity Association/TIAA	155 Village Blvd, Suite A Princeton, NJ 08540	1-800-842-8412	N/A
VOYA Financial Services	33 Wood Avenue South, Suite 600 Iselin, NJ 08830	1-877-873-0321 732-326-5613	njabp.beready2retire.com
Corebridge Financial (AIG)	307 Fellowship Road, Suite 205 Mount Laurel, NJ 08054	732-998-1535	William.Sorrentino@corebridgefinancial.com
MetLife/Brighthouse	501 US Highway 22 Bridgewater, NJ 08807	1-800-543-2520	If you have a Legacy Travelers Account, please visit av.metlife.com to access your account information. For additional questions, please contact your MassMutual Financial Professional or call Customer Service at 1-800-842-9406.

Default Provider for ABP Investments

ABP enrollees not designating an investment provider for their program contributions within 45 days of program participation are enrolled with the investment provider designated by the NJDPB as the default investment provider at the time of enrollment. The default investment provider is authorized to accept employer and employee mandatory contributions and will invest the funds in a money market fund. Contributions will continue to be sent to the default investment provider and invested in that money market fund until the ABP member designates an investment provider, completes an application with that investment provider, and notifies the employer of this action. If the member is subject to delayed vesting, and is enrolled with the default investment provider, the member is allowed to choose an alternate investment provider during the first year and transfer the contributions deposited to that alternate investment provider.

The NJDPB has considered the concerns of members, human resource managers, and the investment providers for the ABP, and has developed procedures to periodically select an investment provider to serve as the default provider. As a result, the NJDPB has determined the default provider for the current fiscal year (FY) covering July 1, 2024, through June 30, 2025, to be MetLife/Brighthouse.