Retirement Information
Social Security
Saint Joseph's College matches the employee's contribution into the Social Security Benefits Program as required by Federal law. At least three (3) months prior to retirement you are to notify your administrative head or Human Resources regarding your planned last date of work. You should also contact the local Social Security Office to begin filing for retirement distributions.
TIAA-CREF
Saint Joseph's College participates in the Teachers Insurance and Annuity Association-College Retirement Equities Fund (TIAA-CREF) Retirement Program, affording its employees the opportunity to build security for their retirement years. You may establish a TIAA-CREF retirement account to begin voluntary tax-deferred contributions at any time. The annual maximum amount of allowed contributions is subject to IRS limitations. Contact Human Resources if you are interested in making voluntary contributions.
The College will make contributions into the retirement plans of eligible employees who:
- are 26 years of age and
- have completed one-year of service (minimum of 1000 hours)
All funds deposited into employee accounts are immediately vested. Distributions are subject to IRS regulations and are not allowed while you are still employed by the College.
For additional information, including the current level of College funded contributions, contact Human Resources.
You may also visit the TIAA-CREF web site.
Last updated: Sep. 22, 2009
