Retirement Savings Benefits
Please click on the links to the left to learn about your retirement benefits.
Wesleyan University offers two plans for eligible new hires to help you save for your retirement. Here is an overview:
Basic Retirement Plan* - Wesleyan makes retirement plan contributions on your behalf. All Faculty and Staff who work at least half time (.5 FTE or more) and share appointments for more than one year may participate. Eligible employees to receive contributions made by Wesleyan University. The University will contribute 7% of your annual salary up to $80,500, and 10% for earnings over $80,500.
* - note bargaining unit employees may participate under different eligiblity rules and contribution levels
Supplemental Retirement Plan - You make contributions to an account either on a pre-tax or after-tax basis. All Staff may participate. There is also an employer match for the Supplemental Retirement Annuity plan for eligible employees.
- Employer Matching Contributions - Wesleyan makes an additional contribution to the Basic Retirement Plan if you contribute to the Supplemental Retirement Plan of 50% of the 1st 6% of your contribution (maximum match is 3%). All Staff enrolled in the Basic Retirement Plan may participate.
Please click below to review investment options and required disclosures about our plans.
Legal Notices
Retirement Plan Summary Plan Description
Retirement Plan Erisa Statement
Consultation Opportunities with TIAA and Fidelity
Meet with a TIAA or Fidelity financial advisor for an individual retirement consultation and to learn more about their offerings. Schedule a free one-on-one consultation at:
TIAA or call 800.732.8353
Fidelity or call 800-642-7131
Education and Support Materials
- Are You Ready to Retire? - Presentation from a recent training
- TIAA Beneficiary Designation Flyer