Eligibility:ÌýAll employees with the exception of students and graduate assistants are eligible to participate. Contributions are made by the employee. Employer matching contributions are available for ORP Tier 4 employees only.
Contribution limits:ÌýYou can contribute an annual limit of $23,000 if you’re under 50 or $30,500 the year you turn 50 or older. You may max out your annual limits in both the 403b and the 457b. PSU will automatically stop the deductions once they have reached theÌýIRS limit.
403(b) Plan
Oregon Savings Growth 457(b) Plan
Ìý
Tax-Deferred Investment 403(b) Plan
The Tax-Deferred Investment 403(b) Plan (TDI) is a supplementary retirement savings plan available to Oregon Public Universities employees. Participants' voluntary salary deferrals allow them to reduce their taxable income through payroll deduction for investment in various funds. Participants have a choice of investments-plus-services programs to suit their individual retirement planning needs.
See theÌýÌýfor additional information.
- Contributions can be made pre-tax or Roth
- Contributions are between 1% - 85% of gross monthly income (minimum 25.00 per month)
- Participates can start/stop/change contributions each month
- Deadline for the current pay period is the 10th
Enrollment Steps
1. Complete the online formÌý
- Change contribution percentageÌý
- Stop deduction by indicating "0" amountÌý
2. Select where you want your money invested. Begin by opening an account with either of the following vendors:
- TIAA
- 800-842-2888
- Plan ID: 101529
- Fidelity Investment
- 800-343-0860
- Plan ID: 71678
- Valic (not available to new participants)Ìý
Ìý
Oregon Savings Growth Plan 457(b) Plan
TheÌýÌýis offered to Oregon public employees by PERS. The Oregon Investment Council manages a selection of investments on behalf of participants in the plan.
See the PERS website forÌý.
- Plan ID: 350001
- 800-365-8494
- Plan Code: PSU - 58090
Attend aÌýÌýto learn more.