Common use of Base Retirement Program Clause in Contracts

Base Retirement Program. 247 Michigan State University provides a base retirement program with the Teachers Insurance and Annuity Association (TIAA), College Retirement and Equities Fund (CREF) and other retirement programs made available through the University and selected by the employee. -248 Eligibility and Participation - Regular full-time and part-time employees are eligible for participation in TIAA-CREF or other retirement programs made available through the University, and selected by the employee, in accordance with the following policies: a. The program is optional to employees under age 35 or who are over age 62 at the time of employment. b. The program is required as a condition of employment for employees who have attained age 35. c. Once required participation commences, it is not possible to withdraw from TIAA-CREF or other retirement programs made available through the University, and selected by the employee while employed at the University. -249 Premium Contribution - The TIAA-CREF Retirement Annuity or other retirement programs made available through the University, and selected by the employee, are financed by a five (5%) percent deduction from an employee's base wage, overtime and shift differential with the University contributing ten (10%) percent. -250 Complete details concerning the provisions of the University's TIAA-CREF Retirement Annuity Plan or other retirement programs made available through the University, and selected by the employee, may be obtained from the Benefits Office.

Base Retirement Program. 247 Michigan State University provides a base retirement program with the Teachers Insurance and Annuity Association (TIAA), College Retirement and Equities Fund (CREF) and other retirement programs made available through the University and selected by the employee. -248 Eligibility and Participation - Regular full-time and part-time employees are eligible for participation in TIAA-CREF or other retirement programs made available through the University, and selected by the employee, in accordance with the following policies: a. The program is optional to employees under age 35 or who are over age 62 at the time of employment. b. The program is required as a condition of employment for employees who have attained age 35. c. Once required participation commences, it is not possible to withdraw from TIAA-CREF or other retirement programs made available through the University, and selected by the employee while employed at the University. -249 Premium Contribution - The TIAA-CREF Retirement Annuity or other retirement programs made available through the University, and selected by the employee, are financed by a five (5%) percent deduction from an employee's base wage, overtime and shift differential with the University contributing ten (10%) percent. -250 Complete details concerning the provisions of the University's TIAA-CREF Retirement Annuity Xxxxxxx Plan or other retirement programs made available through the University, and selected by the employee, may be obtained from the Benefits Office.

Base Retirement Program. 247 251 Michigan State University provides a base retirement program with the Teachers Insurance and Annuity Association (TIAA), College Retirement and Equities Fund (CREF) and other retirement programs made available through the University and selected by the employee. -248 -252 Eligibility and Participation - – Regular full-time and part-time employees are eligible for participation in TIAA-CREF or other retirement programs made available through the University, and selected by the employee, in accordance with the following policies: a. The program is optional to employees under age 35 or who are over age 62 at the time of employment. b. The program is required as a condition of employment for employees who have attained age 35. c. Once required participation commences, it is not possible to withdraw from TIAA-TIAA- CREF or other retirement programs made available through the University, and selected by the employee while employed at the University. -249 -253 Premium Contribution - – The TIAA-CREF Retirement Annuity or other retirement programs made available through the University, and selected by the employee, are financed by a five (5%) percent deduction from an employee's ’s base wage, overtime and shift differential with the University contributing ten (10%) percent. -250 -254 Complete details concerning the provisions of the University's ’s TIAA-CREF Retirement Annuity Plan or other retirement programs made available through the University, and selected by the employee, may be obtained from the Benefits OfficeTotal Compensation and Wellness.