"This university will succeed in a wonderful manner. It will take its place among the great learning facilities of our nation as we who have some attachment to it walk and work in faith." (President Gordon B. Hinckley)
TIAA-CREF Plan Amendment Document January 1, 2012
403(b) Retirement Savings Plan
BYU-Idaho offers employees a 403(b) tax-deferred annuity plan through TIAA-CREF. This plan is supplemental to DMBA's 401(k) retirement savings plan. All employees, including those in full-time, part-time, and temporary jobs, are eligible to participate in this plan, except those who fit the following definitions:
- Student employees;
- Employees who normally work fewer than 20 hours per week and less than 1,000 hours per year, unless they worked at least 1,000 hours in any prior year; and
- Employees who are non-resident aliens not receiving United States sourced income (no employees currently fit this definition).
Employees unsure if they qualify for this plan are encouraged to contact Human Resources.
Included here is a Summary Plan Description written in non-technical, easy-to-understand language, to help employees understand how this plan is designed.
Other Helpful Information:
