As recently announced, the University is making temporary modifications to the Retirement Program due to the financial effects of the COVID-19 pandemic. For fiscal year 2021, which began on July 1, 2020, the University is changing the retirement contribution formula. The University will provide a 6.2 percent contribution up to a maximum compensation amount of $100,000.
As part of the University of Rochester Retirement Program, TIAA offers free virtual one-on-one consultation sessions to help you with your retirement and other financial goals. You can sign up for a session at TIAA.org/ScheduleNow or by calling 800-410-6497. You can also explore your contribution options and edit your voluntary contributions through your TIAA account at any time.