Overall Rating Gold - expired
Overall Score 69.39
Liaison Mary Whitney
Submission Date Sept. 25, 2012
Executive Letter Download

STARS v1.2

Chatham University
PAE-T2-6: Socially Responsible Retirement Plan

Status Score Responsible Party
Complete 0.25 / 0.25
"---" indicates that no data was submitted for this field

Does the institution offer a socially responsible investment option for retirement plans?:
Yes

A brief description of the socially responsible investment option for retirement plans:

Chatham University offers a generous retirement plan that employees are eligible to sign up for after one year of employment, however, employees are eligible immediately if they already have a retirement plan with one of the two companies the university uses. The university will match employee contributions generously with our retirement plan. The University gives the option of using two different companies to allow you the opportunity to choose the plan that is right for you. Employees are able to choose from Fidelity Investments or TIAA-CREF.

Matching contributions:
Employee Contribution: Employer Contribution:
2% 5%
3% 8%
4% 9%
5% 10%

Fidelity Investments
With Fidelity Investments there is the convenience of deducting your contributions automatically pretax. Meaning that you may lower the amount of income taxes withheld each period. You will pay no taxes until you withdraw them from your account. Fidelity gives you the flexibility to choose investment options that range from more conservative to more aggressive so that you may have a well-diversified investment portfolio and you will feel comfortable with the plan you have chosen.

www.fidelity.com
800-544-4774

TIAA-CREF
TIAA-CREF gives you two options with their company.
Option A: The simplified one-decision strategy you have the comfort of knowing that professional managers are automatically adjusting your portfolio to keep it on track with your retirement time horizon. It allows for simple and easy investing. With this option funds are available for target retirement years in five-year increments. Investments are automatically adjusted from a more aggressive to a more conservative allocation as the target retirement date approaches.
Option B: Build your own portfolio strategy is great for employees who prefer to choose among investments in different asset classes and develop your own portfolio to match your time horizon and tolerance for assuming risk. With this option you can also get objective retirement planning advice, including fund-specific portfolio recommendations, through and independent service.

http://my.chatham.edu/departments/getpage.cfm?PageID=218&DeptID=83


The website URL where information about the program, policy, or practice is available:
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Data source(s) and notes about the submission:
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