Retirement and Disability Benefits
The following are retirement and disability benefits available
to National University employees. Coverage is offered to employees
considered a National University Health Sciences full-time
employee working 35+ hours per week.
Retirement Plan
National University particpates in a retirement plan through Teachers Insurance
and Annuity Association - College Retirement Equities Fund
(TIAA-CREF).
This money purchase plan requires a pre-tax contribution by
participating employees.
Participant contribution is 4% and the university contribution
is 3%.
- Defined Contribution Retirement Plan Summary Plan
Description
- Tax-Deferred Annuity Plan Summary Plan Description
For more information, please view TIAA's guide to NUHS Retirement Benefits.
Long Term Disability
Long term disability insurance provides for continuance of 60%
of one's income after a 90-day period of disability under the
Illness Policy. This policy also provides for a monthly annuity
premium to be paid to the employee's retirement plan while they are
on long term disability. This benefit is provided by the university
at no cost.
Life Insurance
Effective immediately, a death benefit is provided equal to the
employee's annual salary.
