TIAA Sample Clauses

TIAA. Bargaining Unit members appointed prior to July 1, 1977, who elected to participate in the Expanded Teachers Insurance and Annuity Association (TIAA) retirement system (or alternatives) shall make periodic contributions with the University according to the following schedule: On the first $8,000 of salary University 12.75% Bargaining Unit Member 6.35% On salary between $8,000 and $16,500 University 16.25% Bargaining Unit Member 10.35% On salary over $16,500 University 10.50% Bargaining Unit Member 6.80% The University also shall make payments of .10% on the first $16,500 of salary for retirement plan waiver in the event of disability.
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