Basic Retirement Plan

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Full-time faculty and staff who work at least 20 hours per week are eligible to receive contributions to a retirement plan after two years of service.  Once the employee has completed the required enrollment material the College will contribute based on the employee’s regular salary:

 Regular Budgeted Salary   Rhodes Contribution
 Up to $22,900   8%
 In excess of $22,900  12%

The College contributions are 100% vested upon deposit. 

Eligible employees may choose from two vendors to invest their Retirement funds.  Click on the link below to view details about available investments for each vendor.

TIAA-CREF – www.tiaa-cref.org/rhodes
VALIC – http://www.valic.com/

To view complete details, read the Summary Plan Description.  Please contact Human Resources if you have questions or would like to receive enrollment material.