NSHE Retirement Plans |
![]() |
Mandatory Retirement Plans
|
|||||
| Supplemental Retirement Plans |
|||||
| Social Security | |||||
| Phase In Retirement |
Medical Residents and Postdoctoral Fellows Retirement Plan
Medical Residents and Postdoctoral employees who are hired on a contract of at least 50% FTE, are provided with a mandatory defined contribution 403(b) retirement plan commencing on their date of hire.
Under the terms of this Retirement Plan, employees must contribute 6.2% of their gross salary to the Plan. The employee contributions made to the Plan are before tax contributions. The employer also makes a matching 6.2% contribution.
Both the employee and the employer contributions are invested, at the direction of each participant, into a 403(b) account. The employee selects the funding vehicles for investment of their retirement contributions from AIG Retirement. The plan provides for immediate vesting.
AIG RETIREMENT or contact a representative 1-800-44-VALIC

