Retirement

Full Time Faculty and Staff

RETIREMENT PLAN 

Faculty and staff members are mandated by state law to contribute into the State Universities Retirement System (SURS). All full time staff members contribute as of the first day of employment. Eight percent (8%) of gross income is tax sheltered and deducted from each paycheck. Additionally there is a .5% deduction from each paycheck to cover retirees’ health insurance premiums through SURS.