IU Retirement & Savings Plan

The IU Retirement & Savings Plan for Support and Service Staff Employees is a section 401(a) defined contribution retirement plan. All plan contributions are made by Indiana University. Participants are not required, nor permitted, to make additional contributions to the plan.

The information on this page is only a summary. Review the Retirement & Savings Plan – Plan Document (PDF) for a detailed description of the terms and conditions of the Plan.


To be eligible to participate in the plan, an employee must have been hired on or after July 1, 2013 and be in a:

  • Support or Service Staff position at 50% or more full-time equivalent (FTE); or
  • Temporary with Retirement position.
For employees hired prior to July 1, 2013, see PERF.


Step 1 Eligible employees are automatically enrolled in the plan.
Step 2 Establish a plan account through TIAA and/or Fidelity.

Note: If you already have an online account through TIAA or Fidelity for an IU retirement plan (i.e., an account that has received contributions within the last 12 months), you do not have to open a new account online.
Step 3 Make your investment allocations and beneficiary designations through your online account.

Investment allocations and beneficiary designations must be made separately for each plan you are enrolled in. If you do not make any investment allocations, you will be placed into a default investment mix that is age appropriate and contains a mixture of stocks and bonds.


The plan has two separate and distinct contribution components.

  1. Retirement & Savings Plan Contribution
    A participant will receive an amount equal to 4 percent of actual base wage for each regular per pay period of participation in the plan. Base wage does not include any supplemental pay received by the eligible participant during the pay period.
  2. Retirement & Savings Plan Match Contribution
    A participant will receive an amount equal to the participant’s designated contributions to the IU Tax Deferred Account Plan (TDA) during such pay period, up to 4 percent of actual base wage received during such pay period. 


Participants in the plan are subject to a three-year cliff-vesting requirement. This means that an employee is fully vested in the plan after three years of IU employment.

Investment Options

This is a “participant directed plan” meaning you are responsible for directing the investment of your plan account. Your investment selections should reflect your savings goals, timeline until retirement, and tolerance for risk. For help with maximizing your retirement savings and other financial goals, meet with a TIAA or Fidelity representative for a one-on-one investment counseling session.

Initial investment allocations can be made once you establish a plan account through TIAA and/or Fidelity.

You may change investment allocations at any time.

Distributions and Loans

Hardship distributions and loans are not allowed to be made to participants from this plan.

For more information on Distributions and Withdrawals, visit the Frequently Asked Questions page.

Leaving the University

Upon termination of employment, a participant may:

  • Leave accumulations in the plan account and continue to manage investments;
  • Withdraw all or a portion of plan account accumulations (subject to income taxes and/or penalty taxes); or
  • Roll over all or a portion of plan account accumulations to an eligible retirement plan (e.g., an IRA).

After terminating employment with Indiana University, transactions related to your plan account are handled directly with the investment company. Review the Benefits After Separation guide for details.


IU Human Resources
Attn: IU Retirement Plan
400 East 7th Street, E165
Bloomington, Indiana 47405-3085

Phone: 812-856-1234

82 Devonshire Street 
Boston, MA 02109
Service: 800-343-0860
Appointment Scheduling: 800-642-7131
Overseas: 877-343-0860

730 Third Avenue
New York, NY 10017
Service: 800-842-2252
Appointment Scheduling: 800-732-8353
Overseas: www.tiaa.org/public/support/contact-us/directory