Membership in the plan is automatic. The matched amount is based on an employee's length of service. Employees are partially vested in the employer matching contributions after three years of credited service and fully vested after five years of credited service. A year of credited service is a calendar year in which an employee works 1,000 hours or more. Employees may enroll at the beginning of any pay period and may stop and start contributions at any time.
Participation is voluntary.
Part time employees are eligible to receive a pro-rated share of tuition assistance. The NIH Federal Credit Union offers a full range of financial services including checking and savings accounts, loan programs, ATM accessibility and free bank by phone. Available to all employees. Service Award Program Annual presentation of awards recognizing length of service at five year increments. All regular full time and part time employees.