Overall Rating Silver - expired
Overall Score 55.55
Liaison Wendy Harness
Submission Date Jan. 31, 2011
Executive Letter Download

STARS v1.0

Delta College
Tier2-3: Socially Responsible Retirement Plan

Status Score Responsible Party
Complete 0.25 / 0.25 Wendy Childs
Assistant Director of Human Resources
Human Resources
"---" 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:

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 Employee contributions and the related investment earnings are tax deferred until withdrawn from the plan.


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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The information presented here is self-reported. While AASHE staff review portions of all STARS reports and institutions are welcome to seek additional forms of review, the data in STARS reports are not verified by AASHE. If you believe any of this information is erroneous or inconsistent with credit criteria, please review the process for inquiring about the information reported by an institution or simply email your inquiry to stars@aashe.org.