Carnegie Mellon is a global research university recognized for academic excellence, groundbreaking research and interdisciplinary collaboration. Human Resources supports the university's efforts to attract, develop and retain a world-class, diverse workforce. Recognizing that each employee plays an important role in advancing Carnegie Mellon’s success, Human Resources also provides a variety of high-quality programs and services that help employees thrive. Our website provides information about these programs and services, as well as Carnegie Mellon’s benefits programs. If you have any questions, please contact us.
What's Happening in Human Resources
Vanguard Participants: The Blackout is over
The merger of the Carnegie Mellon University Faculty and Staff Retirement Plan (FSRP) and CMU Tax Deferred Annuities Plan (TDA Plan) is complete. You now have full access to your retirement plan account. You can manage your account:
- Online. Log on to your account at vanguard.com/retirementplans. You will be able to check your balance, conduct transactions, research investments, use financial planning tools, and more. Not yet registered for online access? You will need your plan number: 097487
- By phone. Call the 24-hour interactive VOICE® Network at 800-523-1188 to conduct transactions, get detailed fund information, and more. You will need a personal identification number (PIN) to use VOICE. To create a PIN, follow the prompts.
- With personal assistance. Vanguard Participant Services associates are available to assist you at 800-523-1188 Monday through Friday from 8:30 a.m. to 9 p.m., Eastern Time.
Learn more at vanguard.com/retirementplans.
All investing is subject to risk, including the possible loss of the money you invest. VOICE, Vanguard, and vanguard.com are trademarks of The Vanguard Group, Inc.
New FAQs for the Retirement Plan Changes
In order to help you better understand the upcoming retirement plan changes and to provide you with information about what action, if any, needs to be taken by you, we have compiled a list of Frequently Asked Questions (“FAQs") for the Retirement Plan Changes [pdf]. The FAQs are based on the feedback and inquiries we have received from colleagues during the educational sessions held on campus and individual inquiries about the changes.
As we continue through the transition process, we will update the FAQs as necessary. Please feel free to check the FAQs link for updates.
Changes to Retirement Plans Effective April 1, 2015
Significant changes to the University’s retirement plans will be occurring effective April 1, 2015. These changes will include a new core lineup of funds with very competitive fees, and a much wider selection of funds from a variety of providers that will satisfy the needs of participants who want more flexibility and choice. Objective retirement investment guidance will also be available for those who want it. (Funds within the self-directed brokerage option are not eligible for this guidance.)
To permit the University to be able to implement these improvements, effective April 1, 2015, the Carnegie Mellon University Tax Deferred Annuities (TDA) Plan will be merged into the Carnegie Mellon University Faculty and Staff Retirement Plan (FSRP). The Carnegie Mellon University 401(k) Plan, which is limited to non-U.S. Citizens and non-U.S. residents (non-resident aliens), will not change and will continue to be a separate retirement plan. Thus, effective April 1, 2015, you will either be a participant in the FSRP or the 401(k) Plan.
A new set of investment choices will be implemented beginning April 1, 2015. This new structure has been designed to help all participants make informed investment decisions, taking into account their personal goals, their tolerance for risk and their desire to actively manage their investments.
Learn more about these changes:
- Read an Overview of the April 2015 Retirement Plan Changes [pdf].
- Review the CMU Retirement Transition Guide [pdf].
- Attend one of our upcoming Retirement Changes Information Sessions [pdf] on the Pittsburgh campus.
New Offer Letter Templates Available
We have updated the Offer Letter Templates to provide information about Pennsylvania Act 153, which requires certain Child Protective Services clearances. The new templates, which are specific to the employee status and position, include references to Workday and the CMUWorks Service Center. Please use the new Offer Letter Templates going forward when preparing to make an offer to employees. Learn more about Extending an Offer and the new templates (CMU password required).