Review Retirement Plan literature including the University's descriptive summary of the plan along with brochures and other materials published by TIAA-CREF and Fidelity Investments. Determine your retirement income goals - How much you feel you will need as income once you retire. Translate this figure to the amount you will need to contribute today in order to accumulate the necessary funds for the future.

a member of the Florida Retirement System Pension Plan, you must be vested and eligible for normal retirement to enroll in DROP. Your normal retirement date is when you are vested and reach age 62, the age after 62 when you become vested, or when you complete 30 years of service regardless of your age, whichever occurs first.

Establish a plan account at an authorized investment company by completing an investment company account application; and Return a completed salary deferral agreement and account application to the campus human resources office no later than 30 days prior to the next pay date.

of January 1, 2003 under IRS rules, you can generally contribute 100% of your Northwestern University salary up to $12,000, whichever is lower. Employees who have attained 15 years or more years of qualifying University service may make additional contributions above the limits specified in the table above if they failed to maximize their 403(b) contributions earlier in their employment.

There are many reasons for participating in the University's Retirement Plan including the fact that it is currently estimated that the Contributions you are making to Social Security will provide for only a small portion of the income you will need after you retire. The University's Retirement Plan is an excellent means of setting aside money you will need in the future.

First of all, I am note employed, so I don't know if there is such a thing like retirement for me, but if there is, I want to be a get-upper in Subway. What is this? You know, people fall asleep during the subway ride. I get them up when they need to get off. Especially at the Flushing-Main street stop, if you don't get off, you will be sent back to Times Sq. I am sure many people will appreciate my job.

Any employee on the regular payroll who is scheduled to work half-time or more (17.5 or more hours per week) and is at least age 24 may participate in the University's Basic Retirement Plan and make contributions which will be matched by the University. Any employee who is at least half time or more may participate in the Supplemental Retirement Plan.

You can direct contributions to two investment companies, TIAA-CREF and/or Fidelity Investments These two investment companies offer a full range of diversified aggressive to conservative investment funds. Voluntary (unmatched) or Supplemental contributions may be directed by employees enrolling in the plan for the first time to the Group Supplemental Retirement Annuity (GSRA) contract offered by TIAA-CREF. Voluntary Contributions may also be directed to any Fidelity mutual fund.

The IRS takes the position that the money you contribute to the Retirement Plan is to be used as income after you retire. While the IRS encourages your participation by allowing you to make Contributions and receive associated earnings on a taxed-deferred basis, there are restrictions on when you may access accumulated funds.

Yes, (effective January 1, 1999) you may borrow against RA, GRA, GSRA and SRA and both Basic (matched) and Supplemental (unmatched) Fidelity Contributions.

When first employed, you may enroll in the STD Plan online using HRIS Self Service no later than 31 days from the date of hire. Afterward, you will need to submit evidence of good health in order to participate in the STD Plan subject to approval by the claims administrator.

It depends on the health status of the applicant and the health insurance company to which the applicant applies. Some health insurance companies may approve, within a few days, the application of a healthy young adult. However, for less healthy or older applicants, processing of an application can take several weeks or more. Each circumstance is different. You should consult your independent health insurance agent to get a realistic expectation.

You can enroll by telephone or download and print the enrollment form, which can be mailed in with a check or money order. Master Card, VISA, or American Express can also be used. To download an enrollment form online, click here to access the rate finder, which uses your zip code to retrieve the rates and enrollment form for your area.

Go through MyLeo and click the LeoPay link – then click the Payment Plan tab and the system will guide you through the process.

No. Employees enrolled in EPP will receive a letter each August stating that they will remain enrolled and must sign and return the letter only if they wish to STOP participation.