Employee Handbook

11.12 Supplemental Retirement Plan

All employees are eligible to contribute to a Supplemental Retirement Plan on a pre-tax basis through one of our two retirement plan vendors, TIAA-CREF and The Vanguard Group, starting the first day of any pay period. There is no waiting period and all contributions are made by the participant. Participants may contribute any amount up to his/her individual IRS annual maximum. The individual maximum is based on age, length of service and salary. The minimum annual contribution required is $200. Choices regarding available funds and their allocation are the same as the Regular Retirement Plan.

ROTH 403(B)

All employees are eligible to contribute to a Roth 403(b) Retirement Account on a post-tax basis through one of our two retirement plan vendors, TIAA-CREF or The Vanguard Group, starting the first day of any pay period. There is no waiting period and all contributions are made by the participant. Participants may contribute any amount up to his/her individual IRS annual maximum. The individual maximum is based on age, length of service and military service. Annual maximum limits include combined limits between the Supplemental Retirement Plan and Roth 403(b). The minimum annual contribution required is $200. Choices regarding available funds and their allocation are the same as the Supplemental Retirement Plan.

Contact the Employment Services Department for further information and enrollment procedures.