Retirement Savings-HR @ Carnegie Mellon University - Carnegie Mellon University

Retirement Savings

Vanguard Participants: As previously announced, some significant changes to the University’s retirements plans will go into effect starting on April 1, 2015. As part of the merger of the Tax Deferred Annuities Plan (TDA) into the Faculty and Staff Retirement Plan (FSRP), during the period of March 24, 2015, at 4:00 p.m., to April 1, 2015 (the “Blackout Period”), balances in and contributions directed to the TDA will be moved into your FSRP account.

Please note: If you log onto your Vanguard account during the Blackout Period, your account balance(s) will reflect a zero amount. At the end of the Blackout Period on April 1, 2015, your account information will appear, and transactions will be available within your FSRP account.

Please read the Vanguard Black-Out Notice [pdf] that was sent to Vanguard participants in February.

TIAA-CREF and Vanguard 401(k) accounts are not impacted by this blackout.

CMU retirement plans new fund line-up transition has begun.

Learn more:

There are two retirement savings plans available through Carnegie Mellon University:

  • Carnegie Mellon University Faculty and Staff Retirement Plan (FSRP) for eligible faculty and staff who are U.S. Citizens or U.S. Permanent Residents, to which the university contributes (automatically) and employees may make supplemental contributions*
  • Carnegie Mellon University 401(k) Plan for eligible employees who are non-U.S. Citizens and non-U.S. residents (non-resident aliens), to which the university automatically contributes and employees may make supplemental contributions

*Effective April 1, 2015, the Tax Deferred Annuities Plan (TDA) merges into the Faculty and Staff Retirement Plan (FSRP). Please note that FSRP employee contributions are currently labeled as "Tax Deferred Annuities Plan (TDA)" in Workday.

About University Contributions

About Employee Supplemental Contributions

Carnegie Mellon University Faculty and Staff Retirement Plan

Carnegie Mellon University 401(k) Plan (University and Employee Supplemental Contributions)

Important Information