|No. 3-40||Rev. 10-12-15||Date 8-17-77|
It is the intent of the University to ensure that its career-oriented personnel are adequately covered by the benefits of a retirement program.
A. Faculty, exempt staff, non-exempt staff and executives working half time or more, hired on or after November 16, 2015, will participate in the TIAA/CREF retirement program.
Faculty, exempt staff, non-exempt staff and executives hired prior to November 16, 2015, will continue in the retirement programs as designated on November 15, 2015.
Notwithstanding the above, a person who has earned credit in the Utah Retirement System (URS) on the date of employment or reclassification may elect to maintain URS enrollment according to URS rules.
B. Employees may also elect to participate in a supplemental tax-sheltered program offered by URS or TIAA/CREF or any other program approved by Weber State University.
C. All employees of the University, full-time or part-time, are covered by Federal Social Security. Payment is made by payroll deduction.