Salve Regina University

HR News

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Retirement Planning

The maximum amount an employee can contribute to his/her retirement plan for the calendar year 2010 is $16,500. This amount may be increased by $5,500 for employees aged 50 or older and/or by up to $3,000 for employees with 15 or more years of service with the University who have contributed, on average, less than $5,000 per year, limited to an additional lifetime maximum of $15,000. If you would like to change your retirement contribution, please complete a new form from the document library or call Claudia at ext. 2332.

Also, if you are a 'regular' employee working at least 1,000 hours a year and are not currently contributing, but would like to, please call Claudia at ext. 2332 for information and to open an account.

Allen Waters, our TIAA-CREF retirement consultant, will be on campus:

  • Thursday, February 4, 2010
  • Tuesday, April 27, 2010
  • Tuesday, June 1, 2010

To schedule an individual appointment with Allen, please call TIAA-CREF at (800) 732-8353.

Dan Samson, our VALIC retirement consultant, is also available to meet with employees at any time. Please call Dan directly at (401) 354-9379 to schedule a mutually convenient time to meet.