Defined Contribution Plan for Nurses (NATU/PASNAP)

 

Eligibility

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

Vesting

Vesting in the University's contributions requires three (3) years of participation.


Contributions

The employee contributes 4.5% and the university matches based on participation as follows:

University Contributes
Employee Participation
4.5%

Up to and including 36 months of Plan participation

5.0% 37th month up to and including 60 months of Plan participation
6.5%
61st month up to and including 84 months of Plan participation
8.5%
85 months of Plan participation and greater

Investment Alternatives:

  • You may allocate Temple's contributions between Fidelity Investments and TIAA (Teachers Insurance Annuity Association & College Retirement Equities Fund).

  • Both Fidelity Investments and TIAA offer a wide choice of investments.  The investment choices include a variety of growth, stock, bond, money market, balanced, and fixed interest funds.

To contact TIAA customer service, call 1-800-842-2888. For additional information, you may also visit their website at www.tiaa.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.

updated: 12/21/2016

 

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