Retirement Benefits

403(b) Plan for all Eligible Employees

The university provides all eligible employees with a 403(b) plan which is a Defined Contribution plan.  A Defined Contribution plan is a retirement plan wherein a certain amount or percentage of money is set aside each year for the benefit of the employee. There are restrictions as to when and how you can withdraw these funds without penalties. 

Regular full-time employees and full-time faculty are eligible for participation in the university’s retirement plan. Employees who are not full-time and/or who are not in regular positions may be eligible for retirement benefits in accordance with the rules governing the university’s defined contribution retirement plan.

The university contributes 12% of your base wages to the plan and you have the option of making voluntary contributions on a pre-tax basis up to the maximum set by the IRS.  You may choose how to invest all contributions among two retirement vendors:  TIAA-CREF and Fidelity Investments.

University contributions to the retirement plan cannot begin until the Human Resources/Benefits office receives a completed Salary Reduction Agreement form and an enrollment form for the retirement vendor(s) you have selected. For employees hired before January 1, 2016, all contributions made to the plan by you and the university are immediately vested.  For employees hired on or after January 1, 2016, contributions made by you are immediately vested and contributions made by the university are subject to a three year cliff vesting schedule.  If you leave the university before completing three years of service you may forfeit the university contribution.  You may participate in this plan beginning the first full pay period following your date of employment. 

If you wish to enroll or make changes to your retirement contributions, please complete a Salary Reduction Agreement form and any associated vendor enrollment forms.  Vendor enrollment information may be obtained in the Human Resources office.

Defined Contribution Plan Summary Plan Description

403b Contributions and Salary Deferrals

Retirement Vendors: TIAA and Fidelity
In order to assist you in planning for your retirement, representatives from TIAA and Fidelity are on campus regularly for individual counseling sessions.  These sessions will provide you the opportunity to discuss your retirement goals and objectives, asset allocation and investment mix, and the tax advantages of saving through the university's 403 (b) plan.

To schedule your appointment, please contact the vendor directly by calling the toll free number listed below or visiting their web site.

TIAA-CREF: 1-800-732-8353 or
Fidelity: 1-800-642-7131 or

For more information, please visit the “Employee Resources” tab of the MySanDiego portal.