CMU 403 (b) Supplemental Tax Deferral Plan (Temporary and less than half-time Faculty)

As of January 2009, all less than half-time temporary and newly contracted faculty are eligible for the 403(b) Supplemental tax deferral plans.  There are two vendors to choose from TIAA-CREF and Fidelity Investments. This is a voluntary  plan. You can start, stop or change the amount at any time. To determine your eligibility please check the CMU HR Web site at http://cmich.edu/x14005.xml scroll to the bottom of the page to Temporary Staff and Faculty less than half-time link for instructions on how-to apply.    

Please note:

• Participation is ONLY for the 403(b) Supplemental Tax Deferral Plans.

• The percentage established will automatically be deducted on a pre-tax basis each pay period even if there is a break between teaching assignments. 

• If you decide to change or cancel the automatic percentage deducted, the 403(b) Voluntary Salary Reduction Agreement Form must be completed to stop the deductions.

Please contact the Benefits & Wellness office at (989) 774-3661 or e-mail benefits@cmich.edu, if you have questions.