Retirement Benefit FAQ
This information is summary in nature and does not supersede your plan documents. Consult your plan documents for full eligibility and coverage details.
Eligible individuals can begin making contributions to their Fidelity account in the first payroll period (or as soon as administratively possible) after completing the Fidelity process. See the Account Set-up Guide for more information. Payroll will begin your contribution as soon as administratively possible after they receive notice of your contribution election from Fidelity.
Eligible participants may receive University matching contributions when they have been employed with the University for 12 months or if they have previously worked at another institution of higher education for 12 months. The University matches your contributions to a maximum of 8%.
No, you do not need to wait for the general open enrollment to begin participation in the retirement account. See the Account Set-up Guide for more information. Payroll will begin your contribution as soon as administratively possible after they receive notice of your contribution election from Fidelity.
You can make changes to your contributions at any time. To make changes you must to your online account and select the contribution amount quick link or call Fidelity directly. Payroll will begin your contribution as soon as administratively possible after they receive notice of your contribution election/change from Fidelity.
To obtain information about products, you can contact Fidelity online or by telephone.
- Telephone: (800) 343-0860
The Summary Plan Description (SPD) can answer many of the questions you may have about your retirement benefit.