Eligibility
You may begin contributions effective the first of the month following your hire date.
Vesting
You will be 100% vested after five (5) years of credited service.
Contributions
| Years of Participation Beginning January 1, 2007 |
Temple Contribution |
Less than 3 |
3.0 % |
3 through 4 |
3.5 % |
5 through 6 |
4.0 % |
7 through 8 |
4.5 % |
| Greater than 8 | 5.0 % |
Investment Alternatives:
- You may allocate your and Temple's contributions between Fidelity Investments and
TIAA-CREF (Teachers Insurance Annuity Association & College Retirement
Equities Fund).
- Fidelity Investment offers a Fixed Fund through Metropolitan Life and various
mutual funds including Growth funds, Stock funds, Bond funds, Money Market
funds and Balanced funds.
- TIAA-CREF offers a Fixed Fund, a Real Estate fund, Stock fund, Money Market
fund, Bond fund, Social Choice fund, Global Equities fund, Growth fund, Equity
Index fund and Inflation-Linked Bond Fund.
To contact TIAA-CREF customer service, call 1-800-842-2888. For additional information,
you may also visit their website at www.tiaa-cref.org/temple.
To contact Fidelity Investments customer service, call 1-800-343-0860. For additional
information, you may also visit their website at www.fidelity.com/atwork.