| Overall Rating | Silver - expired |
|---|---|
| Overall Score | 55.55 |
| Liaison | Wendy Harness |
| Submission Date | Jan. 31, 2011 |
| Executive Letter | Download |
Delta College
Tier2-3: Socially Responsible Retirement Plan
| Status | Score | Responsible Party |
|---|---|---|
|
0.25 / 0.25 |
Wendy
Childs Assistant Director of Human Resources Human Resources |
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indicates that no data was submitted for this field
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Does the institution offer a socially responsible investment option for retirement plans?:
Yes
None
A brief description of the socially responsible investment option for retirement plans:
All part time employees and full time hourly employees are enrolled in Michigan Public School Employees Retirement System (MPSERS) which requires employer and/or employee contributions. This Defined Benefit Plan provides medical, dental, vision and hearing to eligible participants at retirement.
Full time exempt employees (salaried) have the option to enroll in the MPSERS plan or choose the Optional Retirement Plan (ORP) TIAA-CREF in which the employer contributes 100% and there is no employee contribution permitted. This defined contribution plan does not provide medical, dental, vision or hearing at retirement.
Additionally all employees, excluding student workers, are eligible to participate in the Delta College 403(b) Retirement Plan immediately upon hire. Eligible employees may elect to make pre-tax salary reduction contributions to the 403(b) plan up to the maximum allowed by the IRS each tax year. Each participating employee chooses among the available investment options offered by the approved investment vendors under the plan. Employee contributions and the related investment earnings are tax deferred until withdrawn from the plan.
None
The website URL where information about the program, policy, or practice is available:
Data source(s) and notes about the submission:
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