University of Dallas

The University of Dallas Employee Retirement Program is provided exclusively by the Teachers Insurance Annuity Association-College Retirement Equities Fund (TIAA-CREF), the nation's largest private retirement company. Founded to serve the retirement needs of higher education faculty and staff, TIAA-CREF offers a wide range of investment options designed to realize growth of capital and minimize risk.

 

Regular employees that have worked at least 19 hours per week for twelve continuous months are eligible to receive retirement plan contributions. The University contributes an amount equal to 2% of the employee's salary to his/her TIAA-CREF account whether or not the employee makes a contribution. If the employee elects to contribute to his or her retirement account, the University will match the employee's contribution up to a 4% maximum match, for a total University contribution of 6%.

 

The University's contribution begins after one year of employment, unless the new employee is already a participant in a previous higher education employer sponsored retirement plan, in which case, the contribution begins the first month of employment. Employees may begin making individual contributions the first month of employment. Employee contributions are made on a pre-tax basis.

 

All contributions are vested immediately. However, contributions and earnings must remain in the account until the employee is no longer employed by the University of Dallas.

 

Supplemental Retirement Accounts are offered through TIAA-CREF as well. Contact the Office of Human Resources for more information.

 

If you would like to make adjustments to your contribution, please return this form to the Office of Human Resources: 403-B Payroll Deduction Authorization Form.

 

If you are terminating employment with the University and have a 403B account, please take note of this helpful Q & A from TIAA-CREF: Things to Consider When You Leave Your Employer.