|Overall Rating||Gold - expired|
|Submission Date||Nov. 9, 2010|
University of Colorado Boulder
Tier2-3: Socially Responsible Retirement Plan
|0.25 / 0.25||
Does the institution offer a socially responsible investment option for retirement plans?:
A brief description of the socially responsible investment option for retirement plans:
TIAA-CREF offers an SRI option as part of its portfolio. Professional exempt employees may choose this option as part of their 401(a) Optional Retirement Plan (ORP).
401(a) Optional Retirement Plan (ORP)
The ORP is a qualified defined contribution plan under
section 401(a) of the Internal Revenue Code. You are
automatically enrolled in Social Security (FICA) upon
employment. Depending on your appointment
classification, you may also be required to enroll in the
ORP. Vesting is immediate. You contribute 5% of your
eligible gross earnings and the university's matching
contribution is 10% (subject to change annually).
The ORP, the CREF Social Choice Account, is administered by TIAA-CREF.
The CREF Social Choice Account seeks a favorable long-term rate of return that reflects the investment performance of the financial markets while giving special consideration to certain social criteria.
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.