The New York State Deferred Compensation Plan Annual Report in Bexar is designed to provide employers and employees with a clear understanding of the benefits and obligations associated with deferred compensation agreements. This form highlights key features such as retirement income payments, death benefits prior to and following retirement, and the multiplier tied to the National Consumer Price Index. Filling instructions emphasize the need to complete personal and corporate information, specify payment amounts, and clarify the terms surrounding employment termination. Additionally, the form includes sections on non-competition and the handling of payments upon death, ensuring that both employers and employees are aware of their rights and responsibilities. This form is particularly relevant for attorneys, partners, owners, associates, paralegals, and legal assistants who may handle estate planning, employment agreements, or corporate compliance. These professionals must advise their clients on the importance of adhering to the specified terms to protect the intended benefits of deferred compensation.