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Defined Contribution Plan for 1199C & PTEA Employees

 

Eligibility

You may begin contributions effective first of the month following hire date or during open enrollment periods every June and December.


Contributions

The contribution level is based on years of participation as follows:

            Years of Participation
          Beginning January 1, 2007

             Temple Contribution

         (percent of base salary)

                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%

Vesting requires five (5) years of participation. Please click here to enroll in the Defined Contribution Plan.


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.

 

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