URS Tier 1 Pension Plans
Click here for Defined Benefit Brochure.
Tier 2 Hybrid Retirement System
The Tier 2 Hybrid Retirement System providers guaranteed fixed monthly income for life.
Your employer contributes a percentage of your salary to your pension. Any amount above the pension contribution rate goes to your 401(k).
The pension gives you a lifetime monthly payment determined by a benefit formula based on your salary and years of service. Pension and employer contributions to your 401(k) are vested after four years.click here.
Tier 2 Defined Contribution Plan
The Tier 2 Defined Contribution Plan gives you control of your retirement investing.
Your employer contributes a percentage of your salary to your 401(k). You invest the money as you choose. The amount of money you have throughout retirement depends on investment performance and personal withdrawals.
For detailed steps on retirement through URS, click here.
If you are enrolled in the TIAA-CREF WSU will contribute at the rate of 14.2% of your annual gross earnings.
Supplemental retirement options are available. Please contact Travis Hampshire by E-mail or call 801-626-6648.
If you would like to enroll in TIAA-CREF supplemental retirement online, please visit www.tiaa-cref.org/weber
- Once you have completed the online enrollment form please print and send a copy of your confirmation page to HR. You will also need to complete the Salary Reduction Agreement form in HR.