A.2 Retirement Programs

The College contributes to Social Security for each employee. In addition, the College contributes to a 403(b) defined contribution retirement plan through Teachers Insurance and Annuity Association/College Retirement Equities Fund (TIAA/CREF) for each eligible employee who has completed two years of service to the College. This program includes a basic College contribution of 5% of salary. In addition, an employee may contribute up to 5% of annual salary which the College matches one for one.

A group supplemental retirement annuity program (SRA) through TIAA/CREF is also available with no waiting period for participation.

The Human Resources Office has summary plan descriptions for the TIAA plans and can answer questions concerning eligibility and other plan details.