University Human Resources
In addition to individualized retirement counseling and planning, Retirement Readiness at IU includes two powerful tools:
- The Retirement Readiness Calculator uses current IU plan amounts and any personalized data you enter.
- The Retirement Readiness Statement (sample shown on right) is based on the results of the calculation.
- Retirement account balances are updated each spring and fall. So, for example, if using the calculator before spring 2015 updates, the balances shown on the statement will be as of July 31, 2014.
This personalized approach gives employees the ability to model an estimate of lifetime retirement income. IU sponsors retirement plans and contributes to Social Security to help employees meet income needs during retirement.
Calculator - step-by-step guides to utilize and customize this tool
IU Retirement Plan 14 minutes PERF 14 minutes Retirement & Savings Plan 14 minutes Statement - resources to understand the personalized statement IU Retirement Plan 14 minutes PERF
Retirement & Savings Plan
How to Save More for Retirement
IU sponsors two supplemental retirement plans to provide eligible employees with an opportunity to save additional money for retirement. To learn more visit the Supplemental Retirement Plans page.
The two supplemental retirement plans are: