Retirement Plans for Faculty and Non-Union Staff

Brown University offers eligible employees a retirement plan. Plans are designed to complement benefits provided by Social Security and personal savings in order to provide financial security during retirement. Retirement benefits may vary according to employee group, employment status, percent time, age, and date of hire.

The Brown University Retirement Plans

Note: The information presented represents a summary of the plan's eligibility requirements and benefits; in the event of a conflict between the information contained on these web pages and the applicable plan document, the plan document will apply.

Deferred Vesting Retirement Plan

This summary is for faculty and staff employees hired on or after March 1, 2001*.

*Important Note: Employees hired on or after March 1, 2001 and had prior service at Brown, please call the Benefits Office at 401-863-2141 to verify eligibility for the Deferred Vesting Retirement Plan.

Retirement Plan for Faculty & Exempt Employees

This summary is for faculty and staff on the monthly payroll with dates of hire before March 1, 2001.

Retirement Plan for Non-Exempt Employees

This summary is for staff on the semi-monthly payroll with dates of hire before March 1, 2001.

The Brown University Retirement Plan Carriers

Eligible employees may choose to direct voluntary and, if applicable, University contributions to one or both of the carriers listed below.

Financial Tuesdays

Employees may attend confidential consultations on campus with Fidelity and TIAA-Cref.  Click here to view the Financial Tuesdays schedule and information on how to make an appointment.

Employees may also visit Fidelity and TIAA-Cref local offices at the addresses listed below.

GTech Center
10 Memorial Blvd., Suite 102
Providence, RI 02903
*Monday-Friday 8:30 AM-5:00 PM

15 Park Row West, Suite 102
Providence, RI 02903
*Schedule a visit by calling 1-800-897-1026 

Upcoming Workshops

Building a Portfolio for Any Weather
Tuesday, September 30 - 12:00-1:00 p.m.
Are you looking to improve your investment mix? Join Fidelity's Workplace Planning and Guidance Consultant to learn about basic investing concepts, things to consider when choosing a mix of investments, and steps and resources to help put your investment plan into action.
Click here to register

Preparing Your Savings for Retirement
Tuesday, October 7 - 12:00-1:00 p.m.
Join Fidelity's Workplace Planning and Guidance Consultant for a workshop that will teach you how to develop a retirement income plan.  This session will help you identify sources of income, assess the impact of future health care costs in retirement, and evaluate expenses and strategies to fill the gap.
Click here to register

The Starting Line: Why and How Retirement Saving Should Begin Now
Tuesday, October 14 - 12:00-1:00 p.m
Sometimes it's hard to think about retirement when you're just starting out in your career.  The truth is, that's when thinking ahead can do the most good! TIAA-CREF’s workshop leader will help you get ahead of your retirement saving with some tools and information you can use right now.  You’ll learn the real effect of time on money thanks to compounding and dollar-cost averaging, discover the differences between good and bad debt, and see how budgeting can find money and help you save it.
Click here to register

Money at Work: Foundations of Investing
Tuesday, October 21 - 12:00-1:00 p.m.
It doesn’t matter how old you are, where you are in your career or how much you make. Reaching retirement goals requires the same things: spend less, save more. TIAA-CREF’s workshop leader will give you information to help you figure out which investment vehicles are right for you.  In this session, you will discover what stocks, annuities, mutual funds and IRAs are so you can determine which ones best fit your needs, learn about risk and finding your risk tolerance, and see how the same savings principles work for short- or long-term goals.
Click here to register

Tomorrow in Focus: Saving for Your Ideal Retirement
Tuesday, October 28 - 12:00-1:00 p.m.
No matter how old or young you are, or where you are in your career, your retirement begins when you start saving for it. Join TIAA-CREF’s workshop leader for an interactive exploration of retirement saving and learn how to help create an effective plan to help maximize your retirement potential.  In this session, you will understand the real benefit of time in regard to saving, learn the essential features of retirement investments, and gain the confidence you need to create or modify your own retirement plan.
Click here to register

Contact Us

For questions about the information contained in any of the summaries, please contact the Benefits Office by phone at 401-863-2141 or via email at Benefits_Office@Brown.EDU.