All employees who have completed a year of service and have reached age 21 are eligible to participate in the employer-contribution portion of the plan. The year-of-service requirement will be waived if a new staff member has been employed at an institution of higher education for the full 12 months immediately preceding his/her date of hire, or a faculty member was employed at an institution of higher education for the full academic year immediately preceding his/her employment with the University.
You will be notified prior to meeting your eligibility requirements and given the opportunity to enroll online. If you do not enroll in the plan prior to your one-year anniversary, you will be default enrolled into a TIAA-CREF Lifecycle Fund based on your expected year of retirement, and your estate will be named as your beneficiary.