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EMPLOYER MATCHING CONTRIBUTIONS

Administrative Staff and members of the Physical Plant and Secretarial/ Clerical bargaining unit are eligible for this voluntary matching program. 

For the employer matching program, Wesleyan will make an additional contribution to your retirement plan (up to 3%) if you contribute to a pre-tax or after-tax SRA. 

Voluntary contributions to a Supplemental Retirement Annuity (SRA) will be matched by Wesleyan at 50% of the employee contribution up to employee contributions of 6%. For every $1.00 that you contribute up to 6% of your salary, Wesleyan will contribute $0.50. If you are contributing less than 6%, you may want to consider increasing your contribution so that you can maximize the match. If you do not contribute to an SRA, you may want to consider enrolling so that you can receive the additional Wesleyan match.

Benefit Disclaimer
Benefit summaries are provided for the convenience of Wesleyan employees. Employees are directed to read the relevant benefit plan documents. In the event of a conflict between the terms of any summary and the terms of actual plan document, the terms of plan documents will control. Except where prohibited by collective bargaining or other agreement, Wesleyan reserves the right to alter, modify or suspend any benefit at any time. While Wesleyan selects its benefit providers after thoughtful review, it disclaims responsibility for the ultimate performance of such providers.