|Submission Date||Aug. 12, 2011|
Rio Salado College
Tier2-3: Socially Responsible Retirement Plan
Director of Community Partnership Program
Does the institution offer a socially responsible investment option for retirement plans?:
A brief description of the socially responsible investment option for retirement plans:
Eligible employees of the Maricopa Community College District can participate in a tax sheltered retirement program under section 403(b) of the Internal Revenue Code. A tax sheltered annuity (TSA) is a retirement savings program through systematic salary reduction. It allows employees to set aside a portion of their salary on a pre-tax basis, thus "sheltering" contributions from current federal and state taxation. Several of the vendors, including Valic and TIAA-CREF, offer investment options that give special consideration to companies’ environmental, social and governance (ESG) records and those designated as “socially conscious” funds.
The website URL where information about the program, policy, or practice is available:
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 and complete the Data Inquiry Form.