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Retirement Benefits

Santa Clara University's retirement benefits help employees build long-term savings and a source of income during retirement. In addition to SCU's defined contributions, eligible employees are able to make voluntary contributions on a pre-tax and post-tax basis.

401(a)- SCU's Defined Contribution Plan

The University will contribute an amount equal to 15% of benefit-eligible employees' base compensation. Employees become eligible the first day of the month coinciding with, or next following your date of hire.  Eligible employees are 100% vested after they have worked in a benefits-eligible position for a minimum of 1,000 for two consecutive calendar years. 

IRS Maximum: 

  • $30,500

403(b)- Employee's Voluntary Contribution Plan

Benefits Eligible Employees are able to make additional contributions to their retirement via the 403(b) as either a flat amount or a percentage of their salary. Contributions can be made on a pre-tax or post-tax basis. Employees are 100% vested as of the date of the first contribution. 

IRS Maximums

  • $20,500
  • Catch Up Contribution (Age 50 and over): $6,500

 

Navigate here to Accessing The Portal
Accessing The Portal

Access the portal to enroll in or make changes to your 403(b) contributions and select an investment provider for your 401(a) and/or 403(b) plans.


Navigate here to View Guide Plan Enhancement Guide
Plan Enhancement Guide

The Retirement Enhancement Guide provides details about the new Retirement Plans Portal and the new services and features.


Navigate here to View Guide Plan Enhancement GuideView Guide
Navigate here to View Website Fidelity
Fidelity
  • Communications Regarding Upcoming Retirement Plan Changes 
Navigate here to View Website FidelityView Website
Navigate here to View Website TIAA
TIAA
  • Communications Regarding Upcoming Retirement Plan Changes 
Navigate here to View Website TIAAView Website