The Supplemental Retirement Plan is available to those who are not yet eligible for the Basic Retirement Plan and those who wish to save more than the minimum 5 percent of eligible pay required for the Basic Retirement Plan. The Supplemental Retirement Plan has distribution options not available in the Basic Retirement Plan, such as hardship withdrawals, loans and in-service withdrawals.
Faculty and Staff are eligible to join on the first of the month following their date of employment. Participation is voluntary, and you must contribute at least $200 per year.
If you would like to enroll, you must complete a Fidelity Account Application (PDF) and/or a TIAA-CREF Account Application (PDF), in addition to the Northeastern Salary Reduction Agreement (PDF) and return them to HRM/Benefits at 250 Columbus Place. For beneficiary changes, after the initial application please use the Fidelity Beneficiary Form (PDF) and/or TIAA-CREF Beneficiary Form (PDF). Beneficiary changes should be sent to the address located on the beneficiary form.
For a complete description of the Supplemental Retirement Plan please refer to the Supplemental Retirement Plan Summary Description (PDF).