Human Resources

In addition to Social Securty retirement coverage, the University of Indianapolis provides a retirement savings plan for eligible employees.

All newly hired eligible employees are immediately able to enroll and make tax-deferred supplemental contributions into a retirement account with Teachers Insurance and Annuity Association (TIAA). This benefit is available immediately upon employment and is not contingent upon eligibility for the University matching retirement contributions in the retirement savings program. Federal law dictates the maximum amount employees are eligible to contribute under this plan and penalties for early withdrawals may apply.

Employees that are eligible for matching contributions may enroll and make designated tax-deferred contribution amounts in order to receive designated UIndy matching contributions into the Retirement Savings Plan with Teachers Insurance and Annuity Association (TIAA).

Employees are eligible for matching contributins after they have met one of the following requirements:

• One (1) year of qualifying service at UIndy, or
• One (1) year of full time service with another institution of higher education within six (6) month of their UIndy employment date.

UIndy Matching Contributions Schedule

Years of Continuous Service	Employee Matching Contribution	Employer Matching Contribution
1-10	3%	4%
11-15	4%	4.5%
16+	5%	5%