Vanguard, Fidelity, or TIAA-CREF are the providers for the retirement plan. All staff may voluntarily contribute to supplemental retirement accounts or tax deferred annuities through a salary reduction agreement effective upon date of hire. The Internal Revenue Service establishes contribution limits. Investments may be made to Vanguard, Fidelity, TIAA-CREF, Jefferson Pilot, and American Century. The service requirement may be waived for staff covered by an LTD plan at a previous employer.
Benefits begin after six months of total disability.
The LTD carrier makes retirement contributions to the Defined Contribution Retirement Plan on behalf of the employee. The benefit amount includes Social Security and Workers Compensation benefits. OFF Vacation leave, sick leave, and personal leave days are provided to staff regularly scheduled to work 1000 or more hours per year. This summary of benefits information is not intended to be a full description of coverage. The complete plan descriptions are contained in summary plan descriptions that are distributed to eligible faculty and staff.