BASIC RETIREMENT PLAN
The College will continue to maintain its pension contribution level to the Bryn Mawr College Retirement Plan for all eligible employees. Investment options are available through Teachers Insurance and Annuity Association - College Retirement Equities Fund (TIAA-CREF) and the Vanguard Group. The pension plan is not part of the Flexible Benefit Plan, and College contribution is unaffected by Flexible Benefit Plan elections. Please refer to the Employee Handbook or Bryn Mawr College Retirement Plan Summary Plan Description for details.


SUPPLEMENTAL RETIREMENT PLAN
All employees are eligible to make their own contributions to their retirement plan (TIAA and/or Vanguard) with budget dollars and from salary on a salary reduction (pre-tax) basis. There is an annual limit on contributions set by the IRS Code.

In order to contribute on a pre-tax basis toward your retirement, you must sign a Salary Reduction Agreement, which is available in Human Resources and on the Human Resources Web page. Salary reduction contributions are not subject to the Open Enrollment limitations of the Flexible Benefit Plan. Changes in the amount of salary reduction may be made at the start of any pay period, subject to an annual limitation on the maximum number of changes made within one calendar year. Please refer to the Employee Handbook or Bryn Mawr College Retirement Plan Summary Plan Description for details.

 

Updated 09/10/2010
Bryn Mawr College