8.06 Retirement Plan

Effective Date: November 1, 2014 (Revised)


Trinity College provides a retirement plan for all employees who have been employed in a benefits-eligible position for one year, or who have one year of full-time service at another institution of higher education. This policy provides an overview of the provisions of the Trinity College Retirement Plan.



Employees in benefits-eligible positions are eligible to participate in the plan when they complete 12 months of service and attain age 21. Participation in the retirement plan is mandatory upon completion of five full years of benefits-eligible service and attainment of age 35.


The College contributes 9.5% of base annual salary for eligible employees, provided that the employee contributes a minimum of 3% of base salary to the plan. Employee contributions are made on a pre-tax basis, except for those employees who elected after-tax contributions prior to January 1, 2009. The ability to make pre-tax contributions and receive the College’s contribution ends upon active employment, including Military Service leaves, and commencement of other unpaid leaves of absence

Contributions made by the College are vested immediately.

Both the Colleges contributions and the employees required (3%) contributions are administered by TIAA-CREF, in a Retirement Annuity (RA).

Employees may elect to make additional contributions to a Supplemental Retirement Annuity (SRA) or a Group Supplemental Retirement Annuity (GSRA).

The Retirement Plan Committee is responsible for evaluating fund options for inclusion in the Plan.

A Summary Plan Description and a Plan Document for this plan are also available in the Human Resources Department and posted on the Trinity College Human Resources webpage. These documents contain detailed information on the two plans.

See the following policies for further relevant information:

6.51 Deductions from Pay and Pay Advices 170

7.10 Family and Medical Leaves of Absence 208

7.13 Military Service Leave 227