7.3 PENSION CONTRIBUTIONS
All eligible employees
are enrolled in the TIAA-CREF Pension. All faculty on regular/tenure track
and extended term appointments are immediately eligible for this benefit.
All faculty on term/other appointments are eligible after two years of
service. An eligible faculty member must maintain at least a 50% FTE to
remain eligible. Calvin contributes an amount equal to 10% of salary to
the enrolled employee's contract. Details about this plan are made available
at time of employment, and periodically thereafter.
