Retirement Plans

Planning for tomorrow

Even small amounts of money invested regularly over your career can provide a significant financial resource at retirement. Whether you are a handful of years or decades away from taking this step, there are several ways Indiana University and its partners support you on your financial wellness journey. 

Depending on your employment, you may be eligible to participate in one or more IU-sponsored retirement plans. Take the time to learn about them so you can track your goals, manage your investment options, and keep your beneficiaries up to date.

If you have been with us for 10 years or longer (or plan to be), be sure to investigate the advantages of retiring with IU retiree status.

The plans and programs we offer

Base retirement plans

Eligible employees are automatically enrolled in an IU-funded base retirement plan, but you choose your beneficiaries and investments.

Supplemental plans

Enroll in one or more supplemental plans to save even more for retirement through pre-tax or after-tax payroll contributions.

Phased retirement for faculty

A program for eligible faculty members who wish to reduce their workload and ease into retirement over time.

Getting ready for retirement?

Are you thinking about retiring from the university? Learn about your eligibility and see a checklist to help you navigate your decisions.

Chart your next steps

Learn more about your IU retirement savings options

Enroll or make changes

If you want to change your contribution to or enroll in a supplemental plan or manage your investment options, here’s how to do it.

IRS contribution limits

Find out how much you can contribute, including the combined limits for any plans you have outside of IU.

Education and guidance

Take advantage of the free planning tools, consultations, and workshops that can assist you with retirement planning, investment decisions, and financial wellness.

Investment options

Explore IU’s menu of investment options—you can create a strategy tailored to your needs.

Roth Contribution option

An option that allows you to contribute with after-tax dollars, then take qualified withdrawals tax-free.

What is vesting?

Understand IU’s three-year vesting requirement, exceptions, and what happens if you part ways with IU before the cliff.

Rollovers

Want to move your retirement assets from a previous employer to IU? Here's how to do it.

IU retirement plan fees

View the common fees and expenses assessed by Fidelity.

Options when you leave IU

Learn what you can do with your retirement funds if you leave the university.

Keep your beneficiary decisions up to date

It’s important to make sure that you have designated your beneficiaries for your life, retirement, and health savings plans. We recommend you review these decisions at least once a year and consider updating them when you experience a major life event—such as marriage or the birth of a child—or when you update your will or estate.

How to add or change your beneficiaries

Legacy retirement plans

18/20 Retirement Plan

IU Supplemental Early Retirement Plan (IUSERP)

IU Replacement Retirement Plan

Retirement Investment Committee for the IU Retirement Plans

The Retirement Investment Committee was established by the vice president of Human Resources to oversee the IU retirement plans, including the selection and monitoring of the investment options offered under the plans.

The Retirement Investment Committee's responsibilities include the following:

  • Developing and reviewing retirement plan investment policies;
  • Monitoring and evaluating the performance of service providers to the retirement plans;
  • Selecting a range of well-managed investment options for the retirement plans sufficient to allow participants to establish an appropriate diversified retirement portfolio at reasonable cost, including a default investment option for participants who do not make an affirmative investment election;
  • Reviewing and monitoring performance of each investment option available under the retirement plans; and
  • Reviewing and monitoring the costs associated with the retirement plans.

The investment goals and objectives for the IU retirement plans, as well as the operational guidelines intended to assist the Committee in efficiently and effectively evaluating and monitoring the investment options available under the plans, are outlined in the Retirement Investment Statement. These guidelines are revised and modified periodically, as appropriate, to reflect such factors as changes in the investment environment, manager performance, and the Committee’s expectations. For more information, see the Retirement Investment Statement for the Indiana University Defined Contribution Retirement Plans.

The Retirement Investment Committee includes members with a wide array of investment and retirement plan expertise. The Committee is composed of the following members:

  • Todd Richardson, Vice President and Chief Human Resources Officer
  • Jason Dudich, Vice President and Chief Financial Officer
  • Donald Lukes, Treasurer
  • Corey Back, Associate Vice Chancellor for Finance, IU Indianapolis
  • Tod Perry, Associate Dean of Faculty and Associate Professor of Finance, Kelley School of Business, IU Indianapolis
  • Sreenivas Kamma, Associate Professor of Finance, Kelley School of Business, IU Bloomington
  • Marshelia Harris, Assistant Professor of Social Work, School of Social Work, IU Northwest

Charter for Retirement Plans Investment Committee

If you have suggestions or comments for the committee, please contact askHR. Your information will be forwarded to the committee.

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