Retirement Plans
Group Retirement Plan
Full-time employees are required to participate in a group retirement plan through TIAA. Employees must contribute 6% of their gross salary to their retirement accounts, and that is matched with a 6% contribution by the University.
Supplemental Retirement Plans
Full-time and part-time employees may participate in 403(b) and/or 457(b) supplemental retirement plans through TIAA. To enroll in a supplemental retirement plan, employees must complete a Salary Reduction Agreement Form, which can be found here. Additionally, employees must first complete the enrollment process with TIAA. Please contact Human Resources if you need assistance.
Beneficiary Updates
Please remember to keep your beneficiary information up-to-date with PEIA and TIAA. It is important that you control who will receive your assets in the event of your death.
Health Insurance for Retirees
Employees may choose to continue their health insurance coverage after they retire. For information about PEIA and Mountaineer Flexible Benefits, click here.
Retirement Information
To find a checklist of actions related to retirement planning and opportunities for staying connected to Shepherd University following retirement, go here.
Contact Information for Retirement Plan Companies
TIAA
PHONE: 800-842-2776
WV Consolidated Public Retirement Board
PHONE: 800-654-4406
Social Security
To find information on Social Security Benefits, go here.
Medicare
To find information on Medicare Benefits, go here.