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Retirement Plans

RETIREMENT — 403(B)

A retirement plan that includes investment alternatives and a matching contribution plan is available to all benefit eligible employees. The retirement plan rewards special contributions of the long-service employee by providing a measure of financial security during retirement.

Eligibility and Participation

After one year's employment, all employees working a regular schedule of at least 20 hours per week are eligible. In order to begin participating in the plan, employees must sign up with one of the chosen vendors. Detailed information on vendors and retirement benefits are available from HR. Qualifying employees may contribute to the retirement plan on a voluntary basis prior to the completion of the first year of employment. These contributions may be on a pre-or post-tax basis. Voluntary contributions are not matched by the University.

The Standard

TIAA CREF

For 403(b) forms, go to Forms and Document.